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Published on 4/3/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

El Paso ISD, Texas, calls, defeases $68.64 million school bonds

By Tali David

Minneapolis, April 3 - The El Paso Independent School District of Texas called and defeased $68.64 million of its unlimited tax school building bonds and refunding bonds, according to a Rule 15c2012 filed with the Securities and Exchange Commission.

The following bonds were defeased:

• $3,145,000 of series 2004 refunding bonds to be redeemed on April 10;

• $9.62 million of series 2004A refunding bonds to be redeemed on Aug. 1, 2014;

• $35,255,000 of series 2005 bonds to be redeemed on Aug. 15, 2015; and

• $20.62 million of series 2006 bonds to be redeemed on Aug. 15, 2015.


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