Texas Veterans' Housing series 1999A-2 bonds have mandatory tender

By Marisa Wong

Milwaukee, Oct. 19 - The State of Texas gave notice that all of its outstanding Veterans' Housing Assistance Program, fund II series 1999A-2 taxable bonds, due 2029 will have a mandatory tender for purchase on Nov. 2.

The mandatory tender is a result of the Texas Veterans' Land Board substituting a liquidity facility issued by JP Morgan Chase Bank, NA, in place of the bonds' current liquidity facility issued by Depfa Bank, plc, according to a notice.

The bonds will be redeemed at par, plus accrued interest up to the redemption date.

Wells Fargo Bank, NA is the registrar.

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