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Published on 10/31/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Mclean and Woodford Counties, Ill., calls $50.95 million of G.O. bonds

By Ashley Montgomery

Kansas City, Kan., Oct. 31 - McLean and Woodford Counties Community Unit School District No. 5 of Illinois will redeem $50,945,000 of its series 2005 general obligation school bonds, according to a notice.

The following bonds will be redeemed on Dec. 1 at par plus accrued interest up to the redemption date:

• $8.22 million of 3.5% bonds due Dec. 1, 2013;

• $9.34 million of 4% bonds due Dec. 1, 2014;

• $11,095,000 of 4% bonds due Dec. 1, 2015;

• $14,565,000 of 4% bonds due Dec. 1, 2016; and

• $7,725,000 of 4% bonds due Dec. 1, 2017.

Heartland Bank and Trust Co. is the paying agent.


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