Houston school district defeases $177.29 million of limited tax bonds

By Marisa Wong

Madison, Wis., Dec. 17 – Houston Independent School District defeased $177.29 million of its limited tax schoolhouse and refunding bonds, series 2003, according to a notice.

The bonds affected by the partial defeasance mature in the years 2016 through 2023, 2026, 2029, 2032 and 2033.

The refunded bonds will be redeemed on Feb. 15 at par plus accrued interest to the redemption date.

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

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