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Published on 7/25/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Alamo Community College, Texas, defeases $77.95 million of tax bonds

By Tali David

Minneapolis, July 25 - Alamo Community College District, Texas, defeased $77,945,000 of its series 2007 and 2007A limited tax bonds, according to a Rule 15c2-12 filed with the Securities and Exchange Commission.

On Aug. 15, Alamo will redeem all $61.35 million of its 4.5% series 2007 bonds and all $16,595,000 of its 5% series 2007A bonds, both of which are due Aug. 15, 2037.

All bonds will be redeemed at par.


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