Metropolitan Washington Airports to redeem $103.97 million of bonds

By Wendy Van Sickle

Columbus, Ohio, Aug. 31 – The Metropolitan Washington Airports Authority will redeem $103,965,000 of series 2005A, 2005B, 2005C and 2005D airport system revenue bonds on Oct. 1, according to four notices.

The following 2005A bonds will be redeemed at par plus accrued interest to the redemption date:

• $11,175,000 of bonds due Oct. 1, 2016;

• $11.76 million of bonds due Oct. 1, 2017;

• $12,375,000 of bonds due Oct. 1, 2018;

• $12,965,000 of bonds due Oct. 1, 2019; and

• $7.15 million of bonds due Oct. 1, 2020.

The following 2005B revenue refunding bonds will be redeemed par plus accrued interest to the redemption date:

• $1,985,000 of bonds due Oct. 1, 2016;

• $2,065,000 of bonds due Oct. 1, 2017;

• $2.17 million of bonds due Oct. 1, 2018;

• $2,275,000 of bonds due Oct. 1, 2019; and

• $2,395,000 of bonds due Oct. 1, 2020.

The following 2005C taxable bonds will be redeemed par plus accrued interest to the redemption date:

• $8,315,000 of bonds due Oct. 1, 2025;

• $9.35 million of bonds due Oct. 1, 2030; and

• $12,335,000 of bonds due Oct. 1, 2035.

The following 2005D revenue refunding bonds will be redeemed par plus accrued interest to the redemption date:

• $2.43 million of bonds due Oct. 1, 2021;

• $2.55 million of bonds due Oct. 1, 2022; and

• $2.67 million of bonds due Oct. 1, 2023.

Manufacturers and Traders Trust Co. is the trustee.

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