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Published on 3/15/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Louisiana Citizens Property defeases $54.24 million of revenue bonds

By Ashley Montgomery

Kansas City, Kan., March 15 - Louisiana Citizens Property Insurance Corp. defeased $54,235,000 of its 6.125% series 2006C-4 assessment revenue bonds due June 1, 2024, according to a notice filed with MSRB.

The bonds will be redeemed on June 1, 2013 at par plus accrued interest to the redemption date.

Regions Bank is the trustee.


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