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Published on 7/15/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Austin, Texas, to partly refund 2005A water and wastewater bonds

By Tali Rackner

Norfolk, Va., July 15 – The City of Austin, Travis and Williamson Counties, Texas, plans to partially redeem its series 2005A water and wastewater system revenue refunding bonds, according to a notice.

The following will be redeemed at par plus accrued interest to the redemption date:

• $3,485,000 of 5% bonds due May 15, 2016;

• $3,615,000 of 5% bonds due May 15, 2017;

• $3,765,000 of 4.3% bonds due May 15, 2018;

• $3.91 million of 4.35% bonds due May 15, 2019;

• $4,075,000 of 4.4% bonds due May 15, 2020;

• $4.24 million of 4.45% bonds due May 15, 2021;

• $4,415,000 of 4.5% bonds due May 15, 2022;

• $4.6 million of 5% bonds due May 15, 2023;

• $4,795,000 of 5% bonds due May 15, 2024;

• $5 million of 4.375% bonds due May 15, 2025;

• $5,215,000 of 5% bonds due May 15, 2026;

• $5.44 million of 5% bonds due May 15, 2027;

• $5.68 million of 5% bonds due May 15, 2028;

• $5.93 million of 5% bonds due May 15, 2029;

• $6,195,000 of 5% bonds due May 15, 2030;

• $6.47 million of 5% bonds due May 15, 2031;

• $13,835,000 of 4.5% bonds due May 15, 2033; and

• $15,115,000 of 5% bonds due May 15, 2035.

U.S. Bank NA is the agent.


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