Hurst-Euless-Bedford ISD, Texas, refunds its 2004, 2006 ULT bonds

By Tali Rackner

Norfolk, Va., July 15 – The Hurst-Euless-Bedford Independent School District of Texas redeemed $11.43 million of series 2004 unlimited tax refunding bonds and plans to refund $30,475,000 of series 2006 unlimited tax refunding bonds, according to a Rule 15c2-12 filing with the Securities and Exchange Commission.

The following 2004 bonds were redeemed at par on July 7:

• $15,000 of 4% bonds due Aug. 15, 2015;

• $15,000 of 4.1% bonds due Aug. 15, 2016;

• $15,000 of 4.2% bonds due Aug. 15, 2017;

• $15,000 of 4.3% bonds due Aug. 15, 2018;

• $1,675,000 of 5% bonds due Aug. 15, 2019;

• $1,755,000 of 5% bonds due Aug. 15, 2020;

• $1.84 million of 5% bonds due Aug. 15, 2021;

• $1,935,000 of 5% bonds due Aug. 15, 2022;

• $2.03 million of 5% bonds due Aug. 15, 2023; and

• $2,135,000 of 5% bonds due Aug. 15, 2024.

The following 2006 bonds will be redeemed at par on Aug. 15, 2016:

• $5,905,000 of 5% bonds due Aug. 15, 2017;

• $6,205,000 of 5% bonds due Aug. 15, 2018;

• $4,265,000 of 5% bonds due Aug. 15, 2021;

• $4,475,000 of 5% bonds due Aug. 15, 2022;

• $4,695,000 of 5% bonds due Aug. 15, 2023; and

• $4.93 million of 5% bonds due Aug. 15, 2024.

U.S. Bank NA is the trustee or agent.

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