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New York Liberty calls $2.6 billion World Trade Center revenue bonds
By Melissa Kory
Cleveland, April 25 - New York Liberty Development Corp. said it will redeem $2.594 billion of its World Trade Center project multimodal liberty revenue bonds.
The bonds to be redeemed on April 28 include:
• $1,275,795,000 of series 2009A-1 bonds;
• $1.303 billion of series 2009A-2 bonds;
• $13.545 million of series 2009B-1 bonds; and
• $1.16 million of series 2009B-2 bonds.
The price will be par plus accrued interest.
Bank of New York Mellon is the redemption agent.
The New York development company was established to rebuild the World Trade Center and redevelop lower Manhattan.
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