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Published on 12/22/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Texas Transportation calls $70.74 million 2005-B Texas G.O. bonds

By Marisa Wong

Madison, Wis., Dec. 22 – Texas Transportation Commission has defeased and will redeem its $70.74 million of State of Texas general obligation mobility fund bonds, series 2005-B.

The bonds, which are due April 1, 2030, will be redeemed on Feb. 2 at par plus accrued interest to the redemption date.

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


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