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Texas Transportation calls $506.13 million of 2006 highway fund bonds
By Tali Rackner
Norfolk, Va., Feb. 2 – The Texas Transportation Commission called $506.13 million of its series 2006 state highway fund first-tier revenue bonds, according to a notice.
The following will be redeemed at par plus accrued interest on April 1:
• $48,255,000 of 5% bonds due April 1, 2017;
• $50,665,000 of 5% bonds due April 1, 2018;
• $53.2 million of 5% bonds due April 1, 2019;
• $55.85 million of 5% bonds due April 1, 2020;
• $58,655,000 of 5% bonds due April 1, 2020;
• $61,585,000 of 5% bonds due April 1, 2020;
• $64.66 million of 5% bonds due April 1, 2020;
• $67.89 million of 4.75% bonds due April 1, 2020;
• $15.7 million of 5% bonds due April 1, 2025;
• $19,335,000 of variable-rate bonds due April 1, 2025; and
• $10,665,000 of 4.375% bonds due April 1, 2025.
Wells Fargo Bank, NA is the agent.
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