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Published on 7/11/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Texas Water Development calls $64.15 million of 2000A revenue bonds

By Marisa Wong

Madison, Wis., July 11 - The Texas Water Development Board said that it will redeem all $64.15 million of its outstanding series 2000A state revolving fund senior-lien revenue bonds on Aug. 12.

The following bonds will be redeemed at par plus accrued interest to the redemption date:

• $4.795 million of 5.625% bonds due July 15, 2012;

• $475,000 of 5% bonds due July 15, 2013;

• $4.59 million of 5.625% bonds due July 15, 2013;

• $5.36 million of 5.625% bonds due July 15, 2014;

• $5.955 million of 5.625% bonds due July 15, 2015;

• $5.99 million of 5.625% bonds due July 15, 2016;

• $6.34 million of 5.4% bonds due July 15, 2017;

• $9.28 million of 5.4% bonds due July 15, 2018;

• $3.11 million of 5.45% bonds due July 15, 2019; and

• $18.255 million of 5.45% bonds due July 15, 2021.

The Austin, Texas-based agency provides loans to local governments for water supply, water quality, conservation and flood control projects.


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