New York Environmental defeases income tax bonds from three series

By Wendy Van Sickle

Columbus, Ohio, Sept. 17 – New York State Environmental Facilities Corp. defeased state personal income tax revenue bonds from series 2006A, 2007A and 2008A, according to a notice.

The following series 2006A bonds will be redeemed Dec. 15 at par plus accrued interest:

• $4,935,000 of 5% bonds due Dec. 15, 2016;

• $750,000 of 3.9% bonds due Dec. 15, 2016;

• $5,965,000 of 4% bonds due Dec. 15, 2017;

• $6.2 million of 4% bonds due Dec. 15, 2018;

• $5,015,000 of 5% bonds due Dec. 15, 2019;

• $1,435,000 of 4% bonds due Dec. 15, 2019;

• $1,025,000 of 4.125% bonds due Dec. 15, 2020;

• $5,735,000 of 4% bonds due Dec. 15, 2020;

• $7.03 million of 5% bonds due Dec. 15, 2021;

• $7.38 million of 4.1% bonds due Dec. 15, 2022;

• $5,685,000 of 5% bonds due Dec. 15, 2023;

• $8.07 million of 5% bonds due Dec. 15, 2024;

• $5.97 million of 5% bonds due Dec. 15, 2025; and

• $2.5 million of 4.25% bonds due Dec. 15, 2025.

The following series 2007A bonds will be redeemed Dec. 15, 2016 at par plus accrued interest:

• $3,645,000 of 5% bonds due Dec. 15, 2017;

• $3.83 million of 5% bonds due Dec. 15, 2018;

• $4,015,000 of 5% bonds due Dec. 15, 2019;

• $4,225,000 of 5% bonds due Dec. 15, 2020;

• $5,465,000 of 5% bonds due Dec. 15, 2021;

• $2.53 million of 4.125% bonds due Dec. 15, 2021;

• $5.11 million of 5% bonds due Dec. 15, 2022;

• $5,365,000 of 5% bonds due Dec. 15, 2023;

• $5,635,000 of 5% bonds due Dec. 15, 2024;

• $5.92 million of 5% bonds due Dec. 15, 2025;

• $3,085,000 of 5% bonds due Dec. 15, 2026; and

• $3.13 million of 4.25% bonds due Dec. 15, 2026.

The following series 2008A bonds will be redeemed Dec. 15, 2017 at par plus accrued interest:

• $5,975,000 of 5% bonds due Dec. 15, 2018;

• $6.27 million of 5% bonds due Dec. 15, 2019;

• $6,585,000 of 4% bonds due Dec. 15, 2020;

• $6.85 million of 5% bonds due Dec. 15, 2021;

• $7,195,000 of 5% bonds due Dec. 15, 2022;

• $7,555,000 of 5% bonds due Dec. 15, 2023;

• $7.93 million of 5% bonds due Dec. 15, 2024;

• $8.33 million of 5% bonds due Dec. 15, 2025;

• $8,745,000 of 5% bonds due Dec. 15, 2026; and

• $9.81 million of 5% bonds due Dec. 15, 2027.

The Bank of New York Mellon Trust Co., NA is the trustee.

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