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Published on 9/3/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Metropolitan Transportation, N.Y., calls 1999A dedicated tax fund bonds

By Tali Rackner

Norfolk, Va., Sept. 3 – The Metropolitan Transportation Authority of New York called all $258,205,000 of its series 1999A dedicated tax fund bonds, according to a notice.

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

• $3.46 million of 5% bonds due April 1, 2015;

• $8.38 million of 5.25% bonds due April 1, 2015;

• $3.06 million of 5% bonds due April 1, 2016;

• $9.39 million of 5.25% bonds due April 1, 2016;

• $13.1 million of 5% bonds due April 1, 2017;

• $13.75 million of 5.125% bonds due April 1, 2018;

• $14,455,000 of 5.125% bonds due April 1, 2019;

• $65.75 million of 5.25% bonds due April 1, 2023; and

• $126.86 million of 5% bonds due April 1, 2029.

The Bank of New York Mellon is the trustee agent.


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