Dallas defeases $39.56 million of its series 2005 G.O. refunding bonds

By Tali David

Minneapolis, Aug. 6 - The City of Dallas defeased $39.56 million of its series 2005 general obligation refunding bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Feb. 15, 2015:

• $14.5 million of 5% bonds due Feb. 15, 2017;

• $11.51 million of 5% bonds due Feb. 15, 2018;

• $8.54 million of 5% bonds due Feb. 15, 2019; and

• $5.01 million of 5% bonds due Feb. 15, 2020.

U.S. Bank, NA is the escrow agent.

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