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Published on 10/20/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Sales Tax Asset Receivable, N.Y., calls $127.54 million revenue bonds

By Tali Rackner

Norfolk, Va., Oct. 20 – The Sales Tax Asset Receivable Corp. of New York called $127,535,000 of its fiscal 2005 series B sales tax asset revenue bonds, according to a notice.

The following were to be redeemed on Oct. 14:

• $70.07 million of 4.76% bonds due Oct. 15, 2015, to be redeemed at a make-whole redemption price of 104.518; and

• $57,465,000 of 4.81% bonds due Oct. 15, 2016, to be redeemed at a make-whole redemption price of 108.376.

U.S. Bank NA is the trustee.


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