Austin, Texas, to redeem $52.35 million refunding bonds due 2028

By Tali David

Minneapolis, Dec. 7 - City of Austin, Texas, plans to redeem $52.345 million of its series 1998A subordinate-lien revenue refunding bonds, according to a news release.

The 4.25% bonds, which are due May 15, 2028, will be redeemed at par plus accrued interest on Jan. 6.

Following the transaction, $9.725 million of the notes will remain.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.