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Published on 12/18/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Fort Worth, Texas, calls $32.5 million of water and sewer system bonds

By Tali David

Minneapolis, Dec. 18 - The City of Fort Worth, Texas, will redeem $32,495,000 of its water and sewer system revenue refunding and improvement bonds, according to a notice.

The following bonds will be redeemed at par plus accrued interest to Feb. 15:

• $2.71 million of 5.375% bonds due Feb. 15, 2014;

• $2.65 million of 5.375% bonds due Feb. 15, 2015;

• $2.8 million of 5.375% bonds due Feb. 15, 2016;

• $2,955,000 of 5.5% bonds due Feb. 15, 2017;

• $3.12 million of 5.375% bonds due Feb. 15, 2018;

• $3.29 million of 5.375% bonds due Feb. 15, 2019;

• $3,465,000 of 5% bonds due Feb. 15, 2020;

• $3,645,000 of 5% bonds due Feb. 15, 2021;

• $3.83 million of 5% bonds due Feb. 15, 2022; and

• $4.03 of 5% bonds due Feb. 15, 2023.

Wells Fargo Bank, NA is the agent.


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