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Published on 6/18/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Springfield, Mo., defeases $571.49 million of public utilities bonds

By Wendy Van Sickle

Columbus, Ohio, June 18 – The City of Springfield, Mo., has defeased $571.49 million of public utility revenue bonds, series 2006, according to a notice.

The following bonds dated Sept. 27, 2006 will be redeemed Aug. 1, 2016 at par plus accrued interest:

• $10,165,000 of 5% bonds due 2017;

• $11,325,000 of 5% bonds due 2018;

• $12,555,000 of 4.75% bonds due 2019;

• $13.86 million of 4% bonds due 2020;

• $15,245,000 of 4.5% bonds due 2021;

• $16,705,000 of 5% bonds due 2022;

• $18,255,000 of 5% bonds due 2023;

• $19,895,000 of 4.75% bonds due 2024;

• $21.63 million of 4.75% bonds due 2025;

• $23.46 million of 4.25% bonds due 2026;

• $25.4 million of 4.25% bonds due 2027;

• $27,445,000 of 4.75% bonds due 2028;

• $29.61 million of 4.75% bonds due 2029;

• $31,895,000 of 4.375% bonds due 2030;

• $34.31 million of 4.75% bonds due 2031;

• $118.8 million of 4.75% bonds due 2034; and

• $148.86 million of 4.5% bonds due 2036.

All of the bonds have a due date of Aug. 1 of their respective years.

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


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