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

Oklahoma City to redeem all $36.94 million of series 2002 G.O. bonds

By Ashley Montgomery

Kansas City, Kan., Jan. 31 - Oklahoma City said it would redeem all of its outstanding $36,935,000 principal amount of series 2002 general obligation refunding bonds.

The bonds will be redeemed at par plus accrued interest to March 1, the redemption date.

The following bonds are affected:

• $8.62 million of 4% bonds due March 1, 2013;

• $7.43 million of 5% bonds due March 1, 2014;

• $4.85 million of 5% bonds due March 1, 2015;

• $4,835,000 of 5% bonds due March 1, 2016;

• $4,815,000 of 4.45% bonds due March 1, 2017;

• $2.29 million of 4.625% bonds due March 1, 2018;

• $2.27 million of 4.75% bonds due March 1, 2019; and

• $1,825,000 of 4.75% bonds due March 1, 2020.

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


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