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Published on 5/18/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

North Texas Tollway calls $100 million 2008J revenue refunding bonds

By Marisa Wong

Madison, Wis., May 18 - North Texas Tollway Authority said it will redeem its $100 million of series 2008J system first-tier revenue refunding bonds due Jan. 1, 2039 on July 1.

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

Wells Fargo Bank, NA is the agent.

The Plano, Texas-based authority is a subdivision of the state of Texas responsible for acquiring, constructing, maintaining, repairing and operating turnpike projects, as well as for raising capital for construction projects.


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