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El Paso, Texas, to redeem $85.21 million of G.O. refunding bonds
By Tali Rackner
Norfolk, Va., June 30 – The City of El Paso, Texas, called $85,205,000 of its general obligation refunding bonds, according to a notice.
The following will be redeemed at par plus accrued interest on Aug. 15:
• $13,015,000 of 5.25% bonds due Aug. 1, 2015;
• $10.45 million of 5.25% bonds due Aug. 1, 2016;
• $8,205,000 of 5.25% bonds due Aug. 1, 2017;
• $8,635,000 of 5.25% bonds due Aug. 1, 2018;
• $6.13 million of 5% bonds due Aug. 1, 2019;
• $5,885,000 of 5% bonds due Aug. 1, 2020;
• $6,175,000 of 5% bonds due Aug. 1, 2021;
• $6.48 million of 5% bonds due Aug. 1, 2022;
• $6,805,000 of 5% bonds due Aug. 1, 2023;
• $7.15 million of 5% bonds due Aug. 1, 2024;
• $4.65 million of 5% bonds due Aug. 1, 2025; and
• $1,625,000 of 5.125% bonds due Aug. 1, 2026.
Wells Fargo Bank, NA is the agent.
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