E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/24/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Fairfax County Water, Va., defeases some series 2002 revenue bonds

By Ashley Montgomery

Kansas City, Kan. Jan. 24 - The Fairfax County Water Authority of Virginia announced the defeasance of portions of its water revenue and refunding revenue bonds, series 2002.

The bonds will be redeemed at par on April 1.

The following bonds are affected:

• $2.89 million of 5.5% bonds due April 1, 2013;

• $3.04 million of 5.5% bonds due April 1, 2014;

• $85,000 of 5.375% bonds due April 1, 2015;

• $90,000 of 5.375% bonds due April 1, 2016;

• $95,000 of 5.375% bonds due April 1, 2017;

• $95,000 of 5.375% bonds due April 1, 2018;

• $105,000 of 5.375% bonds due April 1, 2019;

• $110,000 of 5.375% bonds due April 1, 2020;

• $115,000 of 5.375% bonds due April 1, 2021;

• $120,000 of 5.375% bonds due April 1, 2022;

• $56.35 million of 5% bonds due April 1, 2027; and

• $26,645,000 of 5% bonds due April 1, 2032.

U.S. Bank NA is the trustee.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.