Houston defeases public improvement bonds, certificates of obligation

By Tali David

Minneapolis, June 6 - The City of Houston defeased $72.44 million of series 2005E public improvement refunding bonds and $36.01 million of series 2005D certificates of obligation, according to two notices.

The 5% public improvement bonds, which are due March 1, 2017 through 2025, will be redeemed at par plus accrued interest on March 1, 2015.

The 5% certificates, which are due March 1, 2017 through 2027, will also be redeemed at par plus accrued interest on March 1, 2015.

U.S. Bank NA is the paying agent.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.