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Published on 5/9/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

University of Missouri announces defeasance of 2006A revenue bonds

By Ashley Montgomery

Kansas City, Kan., May 9 - The Curators of the University of Missouri have defeased series 2006A system facilities revenue bonds, according to a notice.

Bonds maturing in the years 2012 through 2014 will be redeemed at maturity. All other affected bonds will be redeemed Nov. 1, 2015.

The bonds will be redeemed at par.

The following bonds are affected:

• $500,000 of 5% bonds due Nov. 1, 2012;

• $500,000 of 5% bonds due Nov. 1, 2013;

• $500,000 of 5% bonds due Nov. 1, 2014;

• $140,000 of 3.875% bonds due Nov. 1, 2017;

• $2,835,000 of 5% bonds due Nov. 1, 2017;

• $3.12 million of 5% bonds due Nov. 1, 2018;

• $3.29 million of 5% bonds due Nov. 1, 2019;

• $90,000 of 4% bonds due Nov. 1, 2020;

• $3.36 million of 5% bonds due Nov. 1, 2020;

• $70,000 of 4.05% bonds due Nov. 1, 2021;

• $3,565,000 of 5% bonds due Nov. 1, 2021;

• $3.81 million of 4.75% bonds due Nov. 1, 2022;

• $3,995,000 of 4.75% bonds due Nov. 1, 2023;

• $4.2 million of 5% bonds due Nov. 1, 2024;

• $4.4 million of 5% bonds due Nov. 1, 2025; and

• $4,245,000 of 5% bonds due Nov. 1, 2026.

Commerce Bank is the agent.


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