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Published on 8/5/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Houston calls $37.25 million of 2001 Consolidated Rental Car bonds

By Tali Rackner

Norfolk, Va., Aug. 5 – The City of Houston called $37,245,000 of its series 2001 airport system special facilities taxable revenue bonds issued for the Consolidated Rental Car Facility Project, according to a notice.

On Sept. 5, the city will redeem $3,945,000 of 6.49% bonds due Jan. 1, 2015 and $33.3 million of 7.13% bonds due Jan. 1, 2021.

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

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


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