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Published on 4/16/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Reno, Nev., calls all $65.36 million 2002 capital improvement bonds

By Ashley Montgomery

Kansas City, Kan., April 16 - The City of Reno, Nev., will redeem all $65,355,000 of its series 2002 capital improvement revenue bonds, according to a notice.

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

The following bonds are affected:

• $910,000 of 5% notes due June 1, 2013;

• $1,065,000 of 5.625% notes due June 1, 2014;

• $1.24 million of 5.625% notes due June 1, 2015;

• $1,425,000 of 5.5% notes due June 1, 2016;

• $1.62 million of 5.5% notes due June 1, 2017;

• $1.83 million of 5.5% notes due June 1, 2018;

• $2.06 million of 5.5% notes due June 1, 2019;

• $2,295,000 of 5.5% notes due June 1, 2020;

• $2,555,000 of 5.5% notes due June 1, 2021;

• $2.83 million of 5.5% notes due June 1, 2022;

• $3,125,000 of 5.125% notes due June 1, 2023;

• $11,255,000 of 5.125% notes due June 1, 2026; and

• $33,145,000 of 5.375% notes due June 1, 2032.

Bank of New York Mellon Trust Co., NA is the agent.


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