North Texas Tollway defeases $313.88 million of 2008A first tier bonds

By Marisa Wong

Madison, Wis., Dec. 3 – North Texas Tollway Authority gave notice that it defeased a portion of its first tier current interest revenue refunding bonds, series 2008A.

The authority defeased and will redeem at par on Jan. 1, 2018 the following bonds:

• $35,825,000 of $40.85 million 6% bonds due Jan. 1, 2020;

• $48,235,000 of $55 million 6% bonds due Jan. 1, 2021;

• $48,495,000 of $55,295,000 6% bonds due Jan. 1, 2022;

• $51,145,000 of $58.32 million 6% bonds due Jan. 1, 2023;

• $62.31 million of $71.05 million 6% bonds due Jan. 1, 2024; and

• $67.87 million of $77.39 million 6% bonds due Jan. 1, 2025.

Wells Fargo Bank, NA is the trustee.

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