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Published on 2/28/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Adams-Arapahoe School District, Colo., defeases 2006, 2008 G.O. bonds

By Ashley Montgomery

Kansas City, Kan., Feb. 28 - The Adams-Arapahoe School District No. 28J in Aurora, Colo., said it defeased and will redeem portions of its series 2006 and 2008 general obligation bonds.

The affected bonds include $58,215,000 of the series 2006 bonds maturing on or after Dec. 1, 2022 and $91,705,000 of the series 2008 bonds maturing on or after Dec. 1, 2022.

The 2006 bonds will be redeemed on Dec. 1, 2016, and the 2008 bonds will be redeemed on Dec. 1, 2018.

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

U.S. Bank, NA is the trustee.


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