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Dallas Area Rapid Transit calls all $83.96 million series 2002 bonds
By Tali David
Minneapolis, Oct. 31 - Dallas Texas Area Rapid Transit called $83,955,000 of its series 2002 senior-lien sales tax revenue bonds in full, according to a redemption notice.
The following bonds will be redeemed at par plus the applicable premium on Dec. 1:
• $2.48 million of 4% bonds due Dec. 1, 2013;
• $2,595,000 of 5% bonds due Dec. 1, 2014;
• $2,735,000 of 5.375% bonds due Dec. 1, 2015;
• $2,885,000 of 5.375% bonds due Dec. 1, 2016;
• $3,045,000 of 5.375% bonds due Dec. 1, 2017;
• $3,215,000 of 5.375% bonds due Dec. 1, 2018;
• $3.39 million of 5.375% bonds due Dec. 1, 2019;
• $3.57 million of 4.8% bonds due Dec. 1, 2020;
• $3,745,000 of 4.9% bonds due Dec. 1, 2021;
• $3,935,000 of 5% bonds due Dec. 1, 2022;
• $4.35 million of 5% bonds due Dec. 1, 2024;
• $4.14 million of 5% bonds due Dec. 1, 2024;
• $14,435,000 of 5% bonds due Dec. 1, 2027; and
• $29,435,000 of 5% bonds due Dec. 1, 2031.
Zions First National Bank is the paying agent.
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