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Published on 1/8/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Dallas County Utility, Texas, to redeem $36.05 million of 2003 bonds

By Tali David

Minneapolis, Jan. 8 - Dallas County Utility and Reclamation District of Texas plans to redeem $36,045,000 of its series 2003 unlimited tax refunding bonds, according to a Rule 15c2-12 filed with the Securities and Exchange Commission.

The following bonds will be redeemed at par plus accrued interest on Feb. 15:

• $8.24 million of 5.25% bonds due Feb. 15, 2017;

• $7.83 million of 5.25% bonds due Feb. 15, 2018;

• $8,225,000 of 5.25% bonds due Feb. 15, 2019; and

• $11.75 million of 5.25% bonds due Feb. 15, 2020.


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