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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 6/14/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Maricopa County Pollution Control, Ariz., rescinds bond redemption

By Ashley Montgomery

Kansas City, Kan., June 14 - Maricopa County Pollution Control Corp. of Arizona rescinded the redemption of all $59,235,000 of its series 2005 A El Paso Electric Co. Palo Verde Project pollution control refunding revenue bonds due Aug. 1, 2040, according to a notice.

The redemption was subject to the successful issuance of series 2012 A pollution control refunding revenue bonds. Because the issuance will not occur by June 29, the corporation said it will not redeem the bonds on June 29 as planned.

Union Bank, NA is the trustee.


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