Knoxville, Tenn., defeases wastewater system revenue improvement bonds

By Marisa Wong

Madison, Wis., March 15 - The City of Knoxville, Tenn., gave notice that it defeased its series 2005A wastewater system revenue improvement bonds.

The affected bonds include the following:

• $3.8 million of 5% bonds due April 1, 2024;

• $4.15 million of 5% bonds due April 1, 2025;

• $4.35 million of 5% bonds due April 1, 2026;

• $16.3 million of 4.375% bonds due April 1, 2029;

• $7.85 million of 5% bonds due April 1, 2030;

• $8,225,000 of 4.75% bonds due April 1, 2031;

• $8.65 million of 4.75% bonds due April 1, 2032;

• $28.6 million of 5% bonds due April 1, 2035; and

• $21,525,000 of 5% bonds due April 1, 2037.

The defeased bonds will be redeemed on April 1, 2015.

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