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Published on 10/21/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Chicago O’Hare International Airport calls third-lien revenue bonds

By Tali Rackner

Norfolk, Va., Oct. 21 – The Chicago O’Hare International Airport plans to redeem its series 2003 and 2004 general airport third-lien revenue refunding bonds, according to multiple notices.

The following will be redeemed at par plus accrued interest on Nov. 16:

• $29.34 million of 5.25% series 2003A-1 bonds due Jan. 1, 2034;

• $13.71 million of 5.25% series 2003B-1 bonds due Jan. 1, 2034;

• $42.63 million of 5.25% series 2003B-2 bonds due Jan. 1, 2027;

• $7,545,000 of 6% series 2003B-2 bonds due Jan. 1, 2027;

• $88.65 million of 6% series 2003B-2 bonds due Jan. 1, 2029;

• $5,125,000 of 5.25% series 2003C-1 bonds due Jan. 1, 2034;

• $80,735,000 of 5.25% series 2003C-2 bonds due Jan. 1, 2030;

• $250.03 million of 5.25% series 2003C-2 bonds due Jan. 1, 2034;

• $7,805,000 of 4.875% series 2003D bonds due Jan. 1, 2028;

• $28,445,000 of 5% series 2003D bonds due Jan. 1, 2034;

• $15.54 million of 4.75% series 2003E bonds due Jan. 1, 2029;

• $24,125,000 of 5% series 2003E bonds due Jan. 1, 2034;

• $6.17 million of 5% series 2004A bonds due Jan. 1, 2026;

• $12,695,000 of 5% series 2004A bonds due Jan. 1, 2027;

• $13.33 million of 5% series 2004A bonds due Jan. 1, 2028;

• $13.99 million of 5% series 2004A bonds due Jan. 1, 2029;

• $14.69 million of 5% series 2004A bonds due Jan. 1, 2030;

• $15.43 million of 5% series 2004A bonds due Jan. 1, 2031;

• $69,565,000 of 4.75% series 2004A bonds due Jan. 1, 2035;

• $5.98 million of 5.25% series 2004C bonds due Jan. 1, 2023;

• $10,045,000 of 5.25% series 2004C bonds due Jan. 1, 2024;

• $15,995,000 of 4.7% series 2004C bonds due Jan. 1, 2026; and

• $7.68 million of 5.25% series 2004D bonds due Jan. 1, 2019.

U.S. Bank NA is the trustee or agent.


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