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Published on 4/5/2010 in the Prospect News Municipals Daily.

Texas Power calls $195.66 million of subordinated-lien revenue bonds

By Marisa Wong

Milwaukee, April 5 - The Texas Municipal Power Agency gave notice that it will redeem its subordinated-lien revenue refunding bonds, series 2003, 2004 and 2004A, in part on May 6.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

Affected are the following 2003 bonds:

• $12,775,000 of 3.75% bonds due Sept. 1, 2011;

• $13,285,000 of 4% bonds due Sept. 1, 2011; and

• $30,875,000 of 4.125% bonds due Sept. 1, 2012.

Affected are the following 2004 bonds:

• $29,795,000 of 4.25% bonds due Sept. 1, 2010;

• $35,075,000 of 4.4% bonds due Sept. 1, 2011;

• $6.09 million of 4.625% bonds due Sept. 1, 2013; and

• $6,375,000 of 4.75% bonds due Sept. 1, 2014.

And, affected are the following 2004A bonds:

• $6,205,000 of 3.5% bonds due Sept. 1, 2010;

• $6,425,000 of 4% bonds due Sept. 1, 2011;

• $31,195,000 of 4% bonds due Sept. 1, 2012;

• $8,515,000 of 3.625% bonds due Sept. 1, 2012; and

• $9,045,000 of 4% bonds due Sept. 1, 2013.


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