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Published on 1/31/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

El Paso, Texas, to redeem all $19.75 million of series 2001-A bonds

By Ashley Montgomery

Kansas City, Kan., Jan. 31 - The city of El Paso, Texas, said it would redeem all of its outstanding $19.75 million principal amount of series 2001-A water and sewer revenue refunding and improvement bonds on March 1.

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

The following bonds are affected:

• $3.49 million of 6% bonds due March 1, 2015;

• $3,705,000 of 6% bonds due March 1, 2016;

• $3,935,000 of 6% bonds due March 1, 2017;

• $4.18 million of 6% bonds due March 1, 2018; and

• $4.44 million of 6% bonds due March 1, 2019.

Bank of New York Mellon Trust Co., NA is the trustee.


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