Minneapolis-St. Paul Airports defeases 2005A, B, C subordinate revs

By Tali Rackner

Norfolk, Va., Oct. 9 – The Minneapolis-St. Paul Metropolitan Airports Commission defeased its series 2005A, 2005B and 2005C subordinate airport revenue bonds, according to multiple notices.

The following 2005A bonds will be redeemed on Jan. 1, 2016:

• $7.91 million of bonds due Jan. 1, 2015, to be redeemed at maturity;

• $3,995,000 of bonds due Jan. 1, 2016;

• $4,195,000 of bonds due Jan. 1, 2017;

• $4,405,000 of bonds due Jan. 1, 2018;

• $2.7 million of bonds due Jan. 1, 2026;

• $8,955,000 of bonds due Jan. 1, 2027;

• $9,405,000 of bonds due Jan. 1, 2028;

• $9,875,000 of bonds due Jan. 1, 2029;

• $10,365,000 of bonds due Jan. 1, 2030; and

• $60,145,000 of bonds due Jan. 1, 2035.

The following 2005B bonds will be redeemed on Jan. 1, 2016:

• $5 million of bonds due Jan. 1, 2015, to be redeemed at maturity;

• $5,245,000 of bonds due Jan. 1, 2016;

• $5.51 million of bonds due Jan. 1, 2017;

• $5,785,000 of bonds due Jan. 1, 2018;

• $6,075,000 of bonds due Jan. 1, 2019;

• $6.38 million of bonds due Jan. 1, 2020;

• $6,695,000 of bonds due Jan. 1, 2021;

• $7.03 million of bonds due Jan. 1, 2022;

• $7,385,000 of bonds due Jan. 1, 2023;

• $7,755,000 of bonds due Jan. 1, 2024;

• $8.14 million of bonds due Jan. 1, 2025; and

• $5.85 million of bonds due Jan. 1, 2026.

The following 2005C revenue refunding bonds will be redeemed on Jan. 1, 2016:

• $415,000 of bonds due Jan. 1, 2015, to be redeemed at maturity;

• $430,000 of bonds due Jan. 1, 2016;

• $450,000 of bonds due Jan. 1, 2017;

• $465,000 of bonds due Jan. 1, 2018;

• $485,000 of bonds due Jan. 1, 2019;

• $505,000 of bonds due Jan. 1, 2020;

• $525,000 of bonds due Jan. 1, 2021;

• $8.28 million of bonds due Jan. 1, 2022;

• $8,695,000 of bonds due Jan. 1, 2023;

• $9.13 million of bonds due Jan. 1, 2024;

• $9,585,000 of bonds due Jan. 1, 2025;

• $10,065,000 of bonds due Jan. 1, 2026;

• $10.57 million of bonds due Jan. 1, 2027;

• $11,095,000 of bonds due Jan. 1, 2028;

• $36.73 million of bonds due Jan. 1, 2031; and

• $13.49 million of bonds due Jan. 1, 2032.

Wells Fargo Bank, NA is the trustee.

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