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Published on 6/21/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Wichita Falls, Texas, calls $103.09 million water and sewer bonds

By Melissa Kory

Cleveland, June 21 - The City of Wichita Falls, Texas, said it will redeem its $103.085 million of series 2001 water and sewer system priority lien revenue bonds.

The bonds will be redeemed on Aug. 1 at par plus accrued interest to the redemption date.

The bonds affected include:

• $3.055 million of 5.375% bonds due Aug. 1, 2013;

•$3.22 million of 5.375% bonds due Aug. 1, 2014;

•$3.395 million of 5.375% bonds due Aug. 1, 2015;

•$3.58 million of 5.375% bonds due Aug. 1, 2016;

•$3.76 million of 5.375% bonds due Aug. 1, 2017;

•$3.975 million of 5.375% bonds due Aug. 1, 2018;

•$8.075 million of 5.375% bonds due Aug. 1, 2019;

•$8.51 million of 5.375% bonds due Aug. 1, 2020;

•$8.97 million of 5% bonds due Aug. 1, 2021;

•$9.415 million of 5% bonds due Aug. 1, 2022;

•$4 million of 5.1% bonds due Aug. 1, 2024;

•$16.305 million of 5.375% bonds due Aug. 1, 2024; and

•$26.825 million of 5% bonds due Aug. 1, 2027.

Wells Fargo Bank, NA is the redemption agent.


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