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North Texas Tollway defeases $856.46 million of 5.75% 2008F bonds
By Tali Rackner
Norfolk, Va., April 27 – The North Texas Tollway Authority defeased $856.46 million of its 5.75% series 2008F system second-tier revenue refunding bonds, according to a notice.
The authority will redeem $267.55 million of bonds due Jan. 1, 2033 and $588.91 million of bonds due Jan. 1, 2038.
The bonds will be redeemed at par plus accrued interest on Jan. 1, 2018.
Wells Fargo Bank, NA is the trustee.
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