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Published on 7/15/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

University of Texas System calls all series 2001 B, C revenue bonds

By Marisa Wong

Madison, Wis., July 15 - The board of regents of the University of Texas System gave notice of the full redemption of all outstanding series 2001 B and 2001 C revenue financing system bonds on Aug. 15.

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

Affected are the following bonds:

• $12.6 million of 5% 2001 B bonds due Aug. 15, 2020;

• $13.23 million of 5% 2001 B bonds due Aug. 15, 2021;

• $13.895 million of 5% 2001 B bonds due Aug. 15, 2022;

• $8.29 million of 5.375% 2001 B bonds due Aug. 15, 2012;

• $8.735 million of 5.375% 2001 B bonds due Aug. 15, 2013;

• $9.205 million of 5.375% 2001 B bonds due Aug. 15, 2014;

• $9.7 million of 5.375% 2001 B bonds due Aug. 15, 2015;

• $10.22 million of 5.375% 2001 B bonds due Aug. 15, 2016;

• $10.77 million of 5.375% 2001 B bonds due Aug. 15, 2017;

• $11.35 million of 5.375% 2001 B bonds due Aug. 15, 2018;

• $11.96 million of 5.375% 2001 B bonds due Aug. 15, 2019;

• $5.955 million of 5% 2001 C bonds due Aug. 15, 2020;

• $6.25 million of 5% 2001 C bonds due Aug. 15, 2021;

• $6.565 million of 5% 2001 C bonds due Aug. 15, 2022;

• $3.915 million of 5.375% 2001 C bonds due Aug. 15, 2012;

• $4.125 million of 5.375% 2001 C bonds due Aug. 15, 2013;

• $4.35 million of 5.375% 2001 C bonds due Aug. 15, 2014;

• $4.585 million of 5.375% 2001 C bonds due Aug. 15, 2015;

• $4.83 million of 5.375% 2001 C bonds due Aug. 15, 2016;

• $5.09 million of 5.375% 2001 C bonds due Aug. 15, 2017;

• $5.365 million of 5.375% 2001 C bonds due Aug. 15, 2018; and

• $5.65 million of 5.375% 2001 C bonds due Aug. 15, 2019.

The board of regents is the governing body for the university system, which is based in Austin, Texas.


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