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Published on 7/3/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Reedy Creek, Fla., defeases $126.81 million utilities revenue bonds

By Marisa Wong

Madison, Wis., July 3 – Reedy Creek Improvement District of Florida said it defeased its outstanding series 2003-2 utilities revenue bonds, totaling $126,805,000.

The bonds will be redeemed on Oct. 1 at par plus accrued interest to the redemption date.

U.S. Bank NA is the registrar and paying agent.


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