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Published on 11/17/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Lower Colorado River Authority Transmission, Texas, calls 2006 bonds

By Marisa Wong

Madison, Wis., Nov. 17 - Lower Colorado River Authority Transmission Services Corp. said it would redeem its $63.495 million outstanding of series 2006 bonds in full on Nov. 28.

The affected bonds include the following:

• $4.54 million of 5% bonds due May 15, 2012;

• $4.535 million of 5% bonds due May 15, 2013;

• $4.535 million of 4.5% bonds due May 15, 2014;

• $4.535 million of 4.5% bonds due May 15, 2015;

• $4.535 million of 5% bonds due May 15, 2016;

• $4.535 million of 4.5% bonds due May 15, 2017;

• $4.535 million of 4.5% bonds due May 15, 2018;

• $4.535 million of 4.5% bonds due May 15, 2019;

• $4.535 million of 4.5% bonds due May 15, 2020;

• $4.535 million of 4.75% bonds due May 15, 2021;

• $4.535 million of 5% bonds due May 15, 2022;

• $4.535 million of 5% bonds due May 15, 2023;

• $4.535 million of 4.75% bonds due May 15, 2024; and

• $4.535 million of 4.75% bonds due May 15, 2025.

Lower Colorado River Authority Transmission, a subsidiary of the Lower Colorado River Authority, is a nonprofit company that offers transmission services to electric utilities in Texas. The company is based in Austin, Texas.


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