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Published on 5/8/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Colorado State University defeases $26.94 million of revenue bonds

By Tali David

Minneapolis, May 8 - The Colorado State University System board of governors defeased $26,935,000 of series 2007A system enterprise revenue bonds, according to a defeasance notice.

The following 5.25% bonds will be redeemed at par plus accrued interest on March 1, 2017:

$4.23 million of bonds due March 1, 2021;

$5.25 million of bonds due March 1, 2022;

$5,525,000 of bonds due March 1, 2023;

$5,815,000 of bonds due March 1, 2024; and

$6,115,000 of bonds due March 1, 2025.

Wells Fargo Bank, NA is the paying agent.


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