E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for Texas Public Finance Authority > News item
Published on 5/15/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Texas Public Finance to redeem five series of park development G.O.s

By Tali Rackner

Norfolk, Va., May 15 – The Texas Public Finance Authority said it will redeem five series of its general obligation park development refunding bonds, according to a notice.

The following series 2006A bonds will be redeemed at par plus accrued interest on Oct. 1, 2016:

• $8,595,000 of 5% bonds due Oct. 1, 2017;

• $8.57 million of 5% bonds due Oct. 1, 2018;

• $8.55 million of 5% bonds due Oct. 1, 2019;

• $8.51 million of 5% bonds due Oct. 1, 2020;

• $8.48 million of 5% bonds due Oct. 1, 2021;

• $8.45 million of 5% bonds due Oct. 1, 2022;

• $8,415,000 of 5% bonds due Oct. 1, 2023;

• $7.11 million of 5% bonds due Oct. 1, 2024; and

• $5,795,000 of 5% bonds due Oct. 1, 2026.

The following series 2006B bonds will be redeemed at par plus accrued interest on Oct. 1, 2016:

• $1.48 million of 5% bonds due Oct. 1, 2017;

• $2.47 million of 5% bonds due Oct. 1, 2018;

• $2,465,000 of 5% bonds due Oct. 1, 2019;

• $2,566,000 of 5% bonds due Oct. 1, 2020;

• $2.45 million of 5% bonds due Oct. 1, 2021;

• $2.44 million of 5% bonds due Oct. 1, 2022; and

• $2,265,000 of 5% bonds due Oct. 1, 2023.

The following series 2007 bonds will be redeemed at par plus accrued interest on Oct. 1, 2017:

• $4,525,000 of 5% bonds due Oct. 1, 2018;

• $4,525,000 of 5% bonds due Oct. 1, 2019;

• $4,525,000 of 5% bonds due Oct. 1, 2021;

• $4,525,000 of 5% bonds due Oct. 1, 2022;

• $4,525,000 of 5% bonds due Oct. 1, 2023;

• $4,525,000 of 5% bonds due Oct. 1, 2024;

• $4,525,000 of 5% bonds due Oct. 1, 2025;

• $4,525,000 of 5% bonds due Oct. 1, 2026; and

• $4,525,000 of 5% bonds due Oct. 1, 2027.

The following series 2008A bonds will be redeemed at par plus accrued interest on Oct. 1, 2018:

• $770,000 of 4% bonds due Oct. 1, 2019;

• $770,000 of 5% bonds due Oct. 1, 2020;

• $770,000 of 5% bonds due Oct. 1, 2021;

• $770,000 of 5% bonds due Oct. 1, 2022;

• $770,000 of 5% bonds due Oct. 1, 2023;

• $770,000 of 4.5% bonds due Oct. 1, 2024;

• $770,000 of 5% bonds due Oct. 1, 2025;

• $770,000 of 5% bonds due Oct. 1, 2026;

• $770,000 of 5% bonds due Oct. 1, 2027; and

• $770,000 of 5% bonds due Oct. 1, 2028.

The following series 2004 bonds will be redeemed at par plus accrued interest on June 11:

• $1.53 million of 5% bonds due Oct. 1, 2015;

• $1.56 million of 5% bonds due Oct. 1, 2016;

• $825,000 of 3.75% bonds due Oct. 1, 2017;

• $810,000 of 3.875% bonds due Oct. 1, 2018; and

• $790,000 of 4% bonds due Oct. 1, 2019.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.