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Published on 8/26/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Metropolitan Washington Airports to redeem 2004 system revenue bonds

By Tali Rackner

Norfolk, Va., Aug. 26 – The Metropolitan Washington Airports Authority called its series 2004B, 2004C-1, 2004C-2 and 2004D airport system revenue bonds, according to multiple notices.

The following will be redeemed:

• $25 million of 2004B bonds due Oct. 1, 2027;

• $7.33 million of 2004B bonds due Oct. 1, 2028;

• $212.67 million of 2004B bonds due Oct. 1, 2034;

• $16,655,000 of 2004C-1 bonds due Oct. 1, 2020;

• $16,645,000 of 2004C-1 bonds due Oct. 1, 2021;

• $32,045,000 of 2004C-2 bonds due Oct. 1, 2022;

• $32.53 million of 2004C-2 bonds due Oct. 1, 2023;

• $29.16 million of 2004C-2 bonds due Oct. 1, 2024;

• $19.56 million of 2004D bonds due Oct. 1, 2015;

• $8,455,000 of 2004D bonds due Oct. 1, 2016;

• $13.14 million of 2004D bonds due Oct. 1, 2016;

• $22,575,000 of 2004D bonds due Oct. 1, 2017;

• $23,705,000 of 2004D bonds due Oct. 1, 2018; and

• $24.89 million of 2004D bonds due Oct. 1, 2019.

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

Manufacturers and Traders Trust Co. is the trustee.


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