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Published on 9/2/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Houston calls 2005A, B, E public improvement bonds, 2005D certificates

By Tali Rackner

Norfolk, Va., Sept. 2 – The City of Houston called its series 2005A, 2005B and 2005E public improvement refunding bonds and series 2005D certificates of obligation, according to a notice.

The following were defeased:

• $64.97 million of 5% 2005A bonds due March 1, 2017 through 2025, to be redeemed on Sept. 1, 2015;

• $7.77 million of 5.125% 2005B bonds due March 1, 2035, to be redeemed on March 1, 2015;

• $6.26 million of 5% 2005E bonds due March 1, 2016, to be redeemed on March 1, 2015; and

• $2,415,000 of 5% 2005D certificates of obligation due March 1, 2016, to be redeemed on March 1, 2015.

The Bank of New York Mellon Trust Co., NA is the escrow agent.


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