Houston Independent School calls $59.1 million maintenance tax notes

By Melissa Kory

Cleveland, June 15 - Houston Independent School District said it will redeem its $59.1 million of series 2001 maintenance tax notes.

The bonds affected include:

• $4.8 million of 5.875% notes due July 15, 2012;

• $4.9 million of 5.875% notes due July 15, 2013;

• $4.7 million of 5.75% notes due July 15, 2014;

• $4.8 million of 5.75% notes due July 15, 2015;

• $4.8 million of 5.75% notes due July 15, 2016;

• $5.1 million of 5.75% notes due July 15, 2017;

• $10 million of 5.5% notes due July 15, 2018;

• $10 million of 5.5% notes due July 15, 2019; and

• $10 million of 5% notes due July 15, 2020.

The notes will be redeemed on July 15 at par, plus accrued interest.

Bank of New York Mellon is the redemption agent.

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