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Published on 4/23/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Massachusetts Water Resources defeases four series of revenue bonds

By Ashley Montgomery

Kansas City, Kan., April 23 - Massachusetts Water Resources Authority has defeased its 2003 series D, 2004 series A, 2004 series B, and 2007 series A general revenue bonds, according to a notice.

The 2003 bonds will be redeemed Aug. 1, 2013. The 2004 series A bonds will be redeemed Aug. 1, 2014 and the 2004 series B bonds will be redeemed Dec. 1, 2014. The 2007 bonds will be redeemed Feb. 1, 2017.

The following bonds are affected:

• $34,695,000 of 2003D bonds due Aug. 1, 2027;

• $18.66 million of 2003D bonds due Aug. 1, 2028;

• $14,945,000 of 2004A bonds due Aug. 1, 2027;

• $15,695,000 of 2004A bonds due Aug. 1, 2028;

• $16.48 million of 2004A bonds due Aug. 1, 2029;

• $440,000 of 2004B bonds due Dec. 1, 2016;

• $2 million of 2007A bonds due Aug. 1, 2022.

U.S. Bank, NA is the agent.


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