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Published on 12/9/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Miami-Dade County, Fla., calls four series of aviation revenue bonds

By Tali Rackner

Norfolk, Va., Dec. 9 – Miami-Dade County, Fla., called its series 2002A, 2003A, 2004A and 2004B aviation revenue bonds, according to a notice.

The bonds will be redeemed at par plus accrued interest on Jan. 1.

The following 2002A AMT bonds will be redeemed:

• $141.65 million of 5% bonds due Oct. 1, 2033;

• $672,975,000 of 5.125% bonds due Oct. 1, 2035; and

• $127.7 million of 5.05% bonds due Oct. 1, 2036.

The following 2003A AMT bonds will be redeemed:

• $35.42 million of 5% bonds due Oct. 1, 2033; and

• $76,145,000 of 4.75% bonds due Oct. 1, 2035.

The following 2004A AMT bonds will be redeemed:

• $1.02 million of 4.875% bonds due Oct. 1, 2029;

• $71.93 million of 5% bonds due Oct. 1, 2030;

• $88,625,000 of 4.75% bonds due Oct. 1, 2036; and

• $50,275,000 of 5% bonds due Oct. 1, 2036.

The following 2004B Non-AMT bonds will be redeemed:

• $2.67 million of 4.625% bonds due Oct. 1, 2029;

• $27.44 million of 5% bonds due Oct. 1, 2030; and

• $126,255,000 of 5% bonds due Oct. 1, 2037.

The Bank of New York Mellon is the trustee.


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