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Published on 7/6/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

North Texas Higher Education calls $477.52 million variable-rate bonds

By Tali David

Minneapolis, July 6 - North Texas Higher Education Authority, Inc. called $477.52 million of its variable-rate bonds according to multiple redemption notices.

The following notes will be redeemed at par plus accrued interest on July 24:

• $34.2 million of series 1998 bonds due Dec. 1, 2032;

• $33.7 million of series 2000B bonds due Dec. 1, 2035;

• $26.44 million of series 2001A bonds due June 1, 2036;

• $32.7 million of series 2004A bonds due Dec. 1, 2038;

• $96.1 million of series 2005C bonds due June 1, 2040;

• $51.8 million of series 2005D bonds due June 1, 2045;

• $53.08 million of series 2007A bonds due Dec. 1, 2041;

• $106.2 million of series 2010E bonds due Dec. 1, 2045; and

• $43.3 million of series 2007B bonds due Dec. 1, 2046.

Wells Fargo Bank, NA is the trustee.


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