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Published on 6/14/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

IPS Multi-School Building, Ind., calls $135.66 million 2003 bonds

By Susanna Moon

Chicago, June 14 - IPS Multi-School Building Corp. of Indiana called its $135.66 million of outstanding first mortgage bonds, series 2003.

The bonds will be redeemed at par plus any premium on July 15.

The following bonds are covered by the call:

• $11.47 million 5% bonds due July 15, 2019;

• $12,055,000 5% bonds due July 15, 2020;

• $12,665,000 5% bonds due July 15, 2021;

• $13.3 million 5% bonds due July 15, 2022;

• $13,975,000 5% bonds due July 15, 2023;

• $14.69 million 5% bonds due July 15, 2024;

• $15.43 million 5% bonds due July 15, 2025;

• $33.24 million 5% bonds due July 15, 2027; and

• $8,835,000 5% bonds due Jan. 15, 2028.

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


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