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Published on 12/30/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

University of Houston calls $78.2 million of series A revenue bonds

By Ashley Montgomery

Kansas City, Kan., Dec. 30 - The Board of Regents of the University of Houston System said it would redeem $78,195,000 of its series A consolidated revenue bonds.

The bonds will be redeemed at par plus accrued interest to Feb. 15, the redemption date.

The following bonds are affected:

• $6.35 million of 4% bonds due Feb. 15, 2013;

• $6.62 million of 4% bonds due Feb. 15, 2014;

• $6,905,000 of 4% bonds due Feb. 15, 2015;

• $7,215,000 of 4% bonds due Feb. 15, 2016;

• $7,535,000 of 4.125% bonds due Feb. 15, 2017;

• $7,895,000 of 4.25% bonds due Feb. 15, 2018;

• $8.28 million of 4.375% bonds due Feb. 15, 2019;

• $8.68 million of 4.375% bonds due Feb. 15, 2020;

• $9,125,000 of 4.625% bonds due Feb. 15, 2021; and

• $9.59 million of 4.75% bonds due Feb. 15, 2022.

Wells Fargo Bank, NA is the trustee.


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