New York State Urban Development calls 2005A, B Empire State bonds

By Tali Rackner

Norfolk, Va., Dec. 16 – New York State Urban Development Corp. called its series 2005A and 2005B Empire State Development Corp. service contract revenue refunding bonds, according to a notice.

The following 2005A bonds will be redeemed at par plus accrued interest on Jan. 1:

• $3,075,000 of 3.85% bonds due Jan. 1, 2017;

• $23,115,000 of 5% bonds due Jan. 1, 2017;

• $18.42 million of 5% bonds due Jan. 1, 2018; and

• $9,705,000 of 4% bonds due Jan. 1, 2019.

The following 2005B bonds will also be redeemed at par plus accrued interest on Jan. 1:

• $1,515,000 of 4% bonds due Jan. 1, 2017;

• $1,835,000 of 5% bonds due Jan. 1, 2017;

• $1.35 million of 4.125% bonds due Jan. 1, 2018;

• $2.15 million of 5% bonds due Jan. 1, 2018;

• $3.66 million of 5% bonds due Jan. 1, 2019;

• $1.31 million of 4.25% bonds due Jan. 1, 2020; and

• $2,535,000 of 5% bonds due Jan. 1, 2020.

Manufacturers and Traders Trust Co. is the escrow agent.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.