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Published on 8/16/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

University of Vermont calls $120.04 million of two G.O. bond series

By Ashley Montgomery

Kansas City, Kan., Aug. 16 - The University of Vermont and State Agriculture College will redeem all of its series 1998 and 2002 general obligation bonds, according to a notice.

The 1998 bonds will be redeemed on Sept. 14, and the 2002 bonds will be redeemed on Oct. 1. All of the bonds will be redeemed at par.

The following series 1998 bonds are affected:

• $2.1 million of 4.75% bonds due Oct. 1, 2029; and

• $23.99 million of 4.75% bonds due Oct. 1, 2038.

The following series 2002 bonds are affected:

• $3,095,000 of 4.3% bonds due Oct. 1, 2013;

• $2,925,000 of 5.5% bonds due Oct. 1, 2014;

• $3.09 million of 5.5% bonds due Oct. 1, 2015;

• $3,245,000 of 5.5% bonds due Oct. 1, 2016;

• $3,335,000 of 5.5% bonds due Oct. 1, 2017;

• $3.53 million of 5.5% bonds due Oct. 1, 2018;

• $3,725,000 of 5.5% bonds due Oct. 1, 2019;

• $1.9 million of 5.25% bonds due Oct. 1, 2020;

• $1.94 million of 5% bonds due Oct. 1, 2020;

• $2,885,000 of 5.25% bonds due Oct. 1, 2021;

• $1,155,000 of 5% bonds due Oct. 1, 2021;

• $4,255,000 of 5% bonds due Oct. 1, 2022;

• $4,475,000 of 5.25% bonds due Oct. 1, 2023;

• $4,725,000 of 5.25% bonds due Oct. 1, 2024;

• $15.72 million of 5.125% bonds due Oct. 1, 2027;

• $14,805,000 of 5.125% bonds due Oct. 1, 2032; and

• $19.14 million of 5.125% bonds due Oct. 1, 2037.

Bank of New York Mellon Trust Co., NA is the agent.


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