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Published on 4/19/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Lower Colorado River Authority, Texas, calls all 2003B revenue bonds

By Ashley Montgomery

Kansas City, Kan., April 19 - Lower Colorado River Authority Transmission Services Corp. will redeem all $149.39 million outstanding of its series 2003B transmission contract refunding revenue bonds issued for LCRA Transmission Services Corp. Project, according to a notice.

The bonds will be redeemed May 15 at par.

The following bonds are affected:

• $10,985,000 of 5% bonds due May 15, 2031;

• $8,785,000 of 5.375% bonds due May 15, 2013;

• $8,785,000 of 5.375% bonds due May 15, 2014;

• $10,985,000 of 5.375% bonds due May 15, 2015;

• $10,985,000 of 5.375% bonds due May 15, 2016;

• $10,985,000 of 5.25% bonds due May 15, 2017;

• $10,985,000 of 5.25% bonds due May 15, 2018;

• $10,985,000 of 5.25% bonds due May 15, 2019;

• $10,985,000 of 5.25% bonds due May 15, 2020;

• $10,985,000 of 5% bonds due May 15, 2021;

• $10,985,000 of 5% bonds due May 15, 2022;

• $10,985,000 of 5% bonds due May 15, 2023;

• $10,985,000 of 5% bonds due May 15, 2024; and

• $10,985,000 of 5% bonds due May 15, 2025.

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


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