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Published on 8/15/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

District of Colombia invites holders to sell $281.33 million bonds

By Melissa Kory

Cleveland, Aug. 15 - The District of Colombia said it invited bond owners to sell $281.325 million of the Freedom Forum, Inc. revenue bonds to the company for cash.

The bonds affected include:

• $56.25 million series 2002A auction-rate revenue bonds;

• $56.25 million of series 2002B auction-rate revenue bonds;

• $92.575 million of series 2005A taxable auction-rate revenue bonds;

• $72.1 million of series 2005B taxable auction-rate revenue bonds; and

• $4.15 million of series 2006 auction-rate taxable revenue bonds.

The invitation will expire at 5 p.m. ET on Sept. 16.

The bonds will be redeemed at par plus accrued interest.

Deutsche Bank Trust Co. Americas is the trustee.


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