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Published on 1/16/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Cypress-Fairbanks ISD, Texas, calls $95.84 million schoolhouse bonds

By Tali Rackner

Minneapolis, Jan. 16 - The Cypress-Fairbanks Independent School District, Texas, called $95.84 million of its series 2004 unlimited tax schoolhouse bonds in full, according to two notices.

The following will be redeemed at par on Feb. 15:

• $960,000 of 5.5% bonds due Feb. 15, 2015;

• $980,000 of 5.5% bonds due Feb. 15, 2016;

• $900,000 of 5.5% bonds due Feb. 15, 2017;

• $1.02 million of 5.5% bonds due Feb. 15, 2018;

• $1.5 million of 4.5% bonds due Feb. 15, 2019;

• $2 million of 5.375% bonds due Feb. 15, 2020;

• $3.5 million of 5.375% bonds due Feb. 15, 2021;

• $4 million of 5.375% bonds due Feb. 15, 2022;

• $8,105,000 of 5.125% bonds due Feb. 15, 2023;

• $10.07 million of 5.125% bonds due Feb. 15, 2024;

• $12,025,000 of 5.125% bonds due Feb. 15, 2025;

• $14.38 million of 5.25% bonds due Feb. 15, 2026;

• $16,875,000 of 5.25% bonds due Feb. 15, 2027; and

• $19,525,000 of 5% bonds due Feb. 15, 2028.

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


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