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Published on 9/17/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Texas Municipal Power redeems $14.12 million of 1993 Garland bonds

By Tali Rackner

Norfolk, Va., Sept. 17 – The Texas Municipal Power Agency redeemed $14,124,709 of its series 1993 refunding revenue bonds for the City of Garland, according to a Rule 15c2-12 filing with the Securities and Exchange Commission.

The following were redeemed at par on Aug. 27:

• $7,281,319 of 6.15% bonds due Sept. 1, 2016; and

• $6,853,390 of 6.15% bonds due Sept. 1, 2017.


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