NYC Transitional Finance calls 2006 A-1, A-2 future tax bonds in full

By Tali Rackner

Norfolk, Va., Nov. 6 – The New York City Transitional Finance Authority called all $330,465,000 of its 2006 series A-1 and A-2 future tax secured refunding bonds, according to two notices.

The A-1 senior bonds, totaling $212.81 million, are due Nov. 1, 2016 and 2020 to 2030 and have coupons ranging from 4% to 5%.

The A-2 subordinate bonds, totaling $117,655,000, are due Nov. 1, 2017 to 2019 and have coupons ranging from 4.1% to 5%.

The bonds will be redeemed at par on Dec. 7.

The Bank of New York Mellon is the trustee agent.

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