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Published on 5/2/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Reno, Nev., calls some Retrac-Reno Transportation tax revenue bonds

By Marisa Wong

Madison, Wis., May 2 - City of Reno, Nev., gave notice that it will redeem $1.235 million of its $143.21 million of Retrac-Reno Transportation Rail Access Corridor Project senior-lien sales tax revenue refunding bonds, series 2008A, due June 1, 2042.

The variable-rate bonds will be redeemed at par plus accrued interest to the June 1 redemption date.


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