Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item |
Houston defeases series 2002A, B Texas airport system revenue bonds
By Ashley Montgomery
Kansas City, Kan., April 5 - The City of Houston has defeased portions of its series 2002A AMT and series 2002B Non-AMT Texas airport system subordinate lien revenue bonds, according to a notice.
The following bonds are affected:
• $1,825,000 of 5.625% series 2002A bonds due July 1, 2018;
• $4.81 million of 5.625% series 2002A bonds due July 1, 2019;
• $5,065,000 of 5.625% series 2002A bonds due July 1, 2020;
• $5.35 million of 5.625% series 2002A bonds due July 1, 2021;
• $5.28 million of 5% series 2002A bonds due July 1, 2022;
• $127.06 million of 5.125% series 2002A bonds due July 1, 2032;
• $5.38 million of 5% series 2002B bonds due July 1, 2021;
• $5,285,000 of 5% series 2002B bonds due July 1, 2022;
• $30.67 million of 5% series 2002B bonds due July 1, 2027; and
• $119,785,000 of 5% series 2002B bonds due July 1, 2032.
The bonds will be redeemed at par, plus accrued interest up to the redemption date.
Bank of New York Mellon Trust Co., NA is the trustee.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.