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Published on 7/18/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Grand Prairie, Texas, school district calls $57.66 million 2000A bonds

By Marisa Wong

Madison, Wis., July 18 - Grand Prairie Independent School District of Texas said that it will redeem its $57.66 million of outstanding unlimited tax school building and refunding bonds, series 2000A, in full on Aug. 15.

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

The affected bonds include:

• $3.16 million of 5.65% bonds due Feb. 15, 2018;

• $4.69 million of 5.7% bonds due Feb. 15, 2019;

• $5.86 million of 5.75% bonds due Feb. 15, 2020;

• $19.76 million of 5.8% bonds due Feb. 15, 2023; and

• $24.19 million of 5.85% bonds due Feb. 15, 2026.


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