Indianapolis Local Public Improvement calls $197.39 million of bonds

By Tali Rackner

Norfolk, Va., Dec. 3 – The Indianapolis Local Public Improvement Bond Bank plans to redeem all $197,385,000 of its series 2005B bonds issued for the Indianapolis Airport Authority, according to a notice.

The following will be redeemed at par on Jan. 1:

• $7,735,000 of 5.125% bonds due Jan. 1, 2023;

• $13,265,000 of 5.25% bonds due Jan. 1, 2024;

• $17.48 million of 5.25% bonds due Jan. 1, 2025;

• $18.42 million of 5.25% bonds due Jan. 1, 2026;

• $19.42 million of 5.25% bonds due Jan. 1, 2027;

• $20.47 million of 5.25% bonds due Jan. 1, 2028;

• $18.1 million of 5.25% bonds due Jan. 1, 2029;

• $19.08 million of 5.25% bonds due Jan. 1, 2030; and

• $63,415,000 of 4.75% bonds due Jan. 1, 2033.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.