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New York City Industrial Development calls 7 World Trade Center bonds
By Ashley Montgomery
Kansas City, Kan., March 7 - The New York City Industrial Development Agency will redeem $475 million of its 7 World Trade Center, LLC project liberty revenue bonds, series A and B, the company announced in a news release.
The bonds will be redeemed on April 5 at par plus accrued interest to the redemption date.
The following bonds are affected:
• $275 million of 6.25% series A bonds due March 1, 2015;
• $150 million of 6.5% series A bonds due March 1, 2035; and
• $50 million of 6.75% series B bonds due March 1, 2015.
Bank of New York Mellon is the trustee.
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