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Published on 9/3/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

North Texas Tollway’s $118.4 million 2009D bonds have mandatory tender

By Tali Rackner

Norfolk, Va., Sept. 3 – The North Texas Tollway Authority said its $118.4 million of series 2009D first tier variable-rate revenue refunding bonds are subject to mandatory tender, according to two notices.

The authority will purchase $58.4 million of bonds due Oct. 8, 2014 on Sept. 3. It will then purchase $60 million of bonds due Oct. 10, 2014 on Sept. 5.

Wells Fargo Bank, NA is the trustee.


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