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Published on 10/8/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Ohio Water Development defeases some 2004 pollution control bonds

By Marisa Wong

Madison, Wis., Oct. 8 - The Ohio Water Development Authority said that it defeased a portion of its series 2004 water pollution control loan fund revenue bonds.

The refunded bonds will be redeemed on June 1, 2014.

Defeased are the following bonds:

• $11.655 million of bonds due Dec. 1, 2018;

• $11.66 million of bonds due June 1, 2019;

• $11.83 million of bonds due Dec. 1, 2019;

• $11.6 million of bonds due June 1, 2020;

• $11.44 million of bonds due Dec. 1, 2020;

• $11.445 million of bonds due June 1, 2021

• $2.24 million of bonds due Dec. 1, 2021;

• $2.24 million of bonds due June 1, 2022; and

• $2.11 million of bonds due Dec. 1, 2022.


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