Texas Transportation defeases $865.06 million of state highway bonds

By Tali Rackner

Norfolk, Va., April 7 - The Texas Transportation Commission defeased $369.59 million of its series 2006 and $495,465,000 of its 2006-A state highway fund first-tier revenue bonds, according to a notice.

The following 2006 bonds will be redeemed on April 1, 2016:

• $29,385,000 of bonds due April 1, 2017;

• $30,855,000 of bonds due April 1, 2018;

• $32,395,000 of bonds due April 1, 2019;

• $34,015,000 of bonds due April 1, 2020;

• $35,715,000 of bonds due April 1, 2021;

• $37.5 million of bonds due April 1, 2022;

• $39.38 million of bonds due April 1, 2023;

• $41,345,000 of bonds due April 1, 2024;

• $43,415,000 of bonds due April 1, 2025; and

• $45,585,000 of bonds due April 1, 2026.

The following 2006-A bonds will be redeemed on April 1, 2016:

• $48,255,000 of bonds due April 1, 2017;

• $50,665,000 of bonds due April 1, 2018;

• $53.2 million of bonds due April 1, 2019;

• $55.85 million of bonds due April 1, 2020;

• $58,655,000 of bonds due April 1, 2021;

• $61,585,000 of bonds due April 1, 2022;

• $64.66 million of bonds due April 1, 2023;

• $67.89 million of bonds due April 1, 2024;

• $15.37 million of bonds due April 1, 2025; and

• $19,335,000 of bonds due April 1, 2025.

© 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.