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Published on 5/1/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Clark County School, Nev., defeases some 2004 limited tax G.O. bonds

By Tali Rackner

Norfolk, Va., May 1 - The Clark County School District, Nev., defeased some of its series 2004 limited tax general obligation refunding bonds, according to multiple notices.

The following 2004A bonds will be redeemed on June 15:

• $23,195,000 of bonds due June 15, 2015;

• $48.11 million of bonds due June 15, 2016; and

• $24.63 million of bonds due June 15, 2017.

The following 2004B bonds, additionally secured by pledged revenues, will be redeemed on June 15:

• $6,815,000 of bonds due June 15, 2015;

• $7,145,000 of bonds due June 15, 2016;

• $17.68 million of bonds due June 15, 2017;

• $18,575,000 of bonds due June 15, 2018;

• $8.08 million of bonds due June 15, 2019; and

• $11,995,000 of bonds due June 15, 2020.

The following 2004D bonds will be redeemed on Dec. 15, 2014:

• $22,945,000 of bonds due June 15, 2015; and

• $24,095,000 of bonds due June 15, 2016.


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