MTA, N.Y., defeases several series 2005A, 2005B and 2005F bonds

By Wendy Van Sickle

Columbus, Ohio, Sept. 21 – The Metropolitan Transportation Authority of New York defeased several transportation revenue bonds, series 2005A, 2005B and 2005F, according to a notice.

The following series 2005A bonds will be redeemed Nov. 15 at par:

• $9,005,000 of 4.75% bonds due Nov. 15, 2024;

• $9,435,000 of 4.75% bonds due Nov. 15, 2025;

• $9,885,000 of 4.75% bonds due Nov. 15, 2026;

• $31,005,000 of 4.75% bonds due Nov. 15, 2027;

• $32,485,000 of 4.75% bonds due Nov. 15, 2028;

• $6,845,000 of 4.375% bonds due Nov. 15, 2029;

• $21.8 million of 4.75% bonds due Nov. 15, 2029;

• $35,615,000 of 4.75% bonds due Nov. 15, 2030;

• $68,365,000 of 5% bonds due Nov. 15, 2033;

• $43,185,000 of 4.5% bonds due Nov. 15, 2034; and

• $45.13 million of 4.5% bonds due Nov. 15, 2035;

The following series 2005B bonds will be redeemed Nov. 15 at par:

• $925,000 of 4.125% bonds due Nov. 15, 2025;

• $29,965,000 of 5% bonds due Nov. 15, 2026;

• $31,465,000 of 5% bonds due Nov. 15, 2027;

• $72.39 million of 5% bonds due Nov. 15, 2030;

• $70 million of 5% bonds due Nov. 15, 2031;

• $1.58 million of 4.375% bonds due Nov. 15, 2031; and

• $104.8 million of 5% bonds due Nov. 15, 2031.

The following series 2005F bonds will be redeemed Nov. 15 at par:

• $127,805,000 of 5% bonds due Nov. 15, 2030;

• $4,215,000 of 4.8% bonds due Nov. 15, 2035; and

• $190.05 million of 5% bonds due Nov. 15, 2035.

The 5% series 2005A term bonds due Nov. 15, 2033 will be redeemed as follow:

• $21,685,000 on Nov. 15, 2031;

• $22.77 million on Nov. 15, 2032; and

• $23.91 million on Nov. 15, 2033.

The 5% series 2005B term bonds due Nov. 15, 2030 will be redeemed as follow:

• $33,035,000 on Nov. 15, 2028;

• $34.69 million on Nov. 15, 2029; and

• $4,665,000 on Nov. 15, 2030.

The 5% series 2005B term bonds due Nov. 15, 2031 will be redeemed as follow:

• $31,755,000 on Nov. 15, 2030; and

• $38,245,000 on Nov. 15, 2031.

The 5% series 2005B term bonds due Nov. 15, 2035 will be redeemed as follow:

• $24.54 million on Nov. 15, 2032;

• $25,765,000 on Nov. 15, 2033;

• $27,055,000 on Nov. 15, 2034; and

• $27.44 million on Nov. 15, 2035.

The 5% series 2005F term bonds due Nov. 15, 2030 will be redeemed as follow:

• $3.13 million on Nov. 15, 2026;

• $28,925,000 on Nov. 15, 2027;

• $30,375,000 on Nov. 15, 2028;

• $31.89 million on Nov. 15, 2029; and

• $33,485,000 on Nov. 15, 2030.

The 4.8% series 2005F term bonds due Nov. 15, 2035 will be redeemed as follow:

• $765,000 on Nov. 15, 2031;

• $805,000 on Nov. 15, 2032;

• $840,000 on Nov. 15, 2033;

• $880,000 on Nov. 15, 2034; and

• $925,000 on Nov. 15, 2035.

The 5% series 2005F term bonds due Nov. 15, 2035 will be redeemed as follow:

• $34,395,000 on Nov. 15, 2031;

• $36,111,000 on Nov. 15, 2032;

• $37.92 million on Nov. 15, 2033;

• $39.82 million on Nov. 15, 2034; and

• $41,805,000 on Nov. 15, 2035.

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