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Published on 12/31/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York City Transitional Finance calls 2003 D, E future tax bonds

By Ashley Montgomery

Kansas City, Kan., Dec. 26 - New York City Transitional Finance Authority will redeem a portion of its series 2003 D and 2003 E future tax secured bonds, according to a notice.

The bonds will be redeemed on Feb. 1 at par plus accrued interest to the redemption date.

The following 2003 D bonds are affected:

• $18,995,000 of 4% bonds due Feb. 1, 2014;

• $12.26 million of 4.1% bonds due Feb. 1, 2015;

• $7.5 million of 5% bonds due Feb. 1, 2015;

• $16,275,000 of 5.25% bonds due Feb. 1, 2016;

• $4,365,000 of 4.2% bonds due Feb. 1, 2016;

• $2,285,000 of 4.3% bonds due Feb. 1, 2017;

• $19,385,000 of 5.25% bonds due Feb. 1, 2017;

• $925,000 of 4.375% bonds due Feb. 1, 2018;

• $21.86 million of 5.25% bonds due Feb. 1, 2018;

• $900,000 of 4.4% bonds due Feb. 1, 2019;

• $23,075,000 of 5.25% bonds due Feb. 1, 2019;

• $3,435,000 of 4.5% bonds due Feb. 1, 2020;

• $21,795,000 of 5.25% bonds due Feb. 1, 2020;

• $985,000 of 4.5% bonds due Feb. 1, 2021;

• $25,545,000 of 5.25% bonds due Feb. 1, 2021;

• $4,355,000 of 4.7% bonds due Feb. 1, 2022;

• $23,555,000 of 5% bonds due Feb. 1, 2022;

• $5,000 of 5% bonds due Feb. 1, 2022;

• $4,575,000 of 4.875% bonds due Feb. 1, 2023;

• $24.72 million of 5% bonds due Feb. 1, 2023;

• $6,185,000 of 4.9% bonds due Feb. 1, 2024;

• $24.57 million of 5% bonds due Feb. 1, 2024;

• $76,885,000 of 5% bonds due Feb. 1, 2027;

• $8,155,000 of 5% bonds due Feb. 1, 2027.

• $83,005,000 of 5% bonds due Feb. 1, 2031; and

• $3.49 million of 5% bonds due Feb. 1, 2031.

The following 2003 E bonds are affected:

• $2.2 million of 3.875% bonds due Feb. 1, 2014;

• $17.14 million of 5.25% bonds due Feb. 1, 2014;

• $6,295,000 of 3.875% bonds due Feb. 1, 2015;

• $14.03 million of 5.25% bonds due Feb. 1, 2015;

• $2.24 million of 4% bonds due Feb. 1, 2016;

• $19.07 million of 5.25% bonds due Feb. 1, 2016;

• $765,000 of 4.125% bonds due Feb. 1, 2017;

• $21,635,000 of 5.25% bonds due Feb. 1, 2017;

• $445,000 of 4.2% bonds due Feb. 1, 2018;

• $23.12 million of 5.25% bonds due Feb. 1, 2018;

• $850,000 of 4.25% bonds due Feb. 1, 2019;

• $23,655,000 of 5.25% bonds due Feb. 1, 2019;

• $350,000 of 4.3% bonds due Feb. 1, 2020;

• $24.77 million of 5.25% bonds due Feb. 1, 2020;

• $175,000 of 4.4% bonds due Feb. 1, 2021;

• $26.26 million of 5.25% bonds due Feb. 1, 2021;

• $3.64 million of 4.5% bonds due Feb. 1, 2022;

• $25,145,000 of 5.25% bonds due Feb. 1, 2022;

• $30,265,000 of 5% bonds due Feb. 1, 2023;

• $31.78 million of 5% bonds due Feb. 1, 2024;

• $15,485,000 of 5% bonds due Feb. 1, 2025;

• $4.07 million of 5% bonds due Feb. 1, 2026;

• $12.19 million of 5% bonds due Feb. 1, 2026;

• $2.49 million of 5% bonds due Feb. 1, 2027;

• $3.33 million of 5% bonds due Feb. 1, 2027;

• $550,000 of 5% bonds due Feb. 1, 2028;

• $2.49 million of 4.875% bonds due Feb. 1, 2028;

• $5,235,000 of 5% bonds due Feb. 1, 2033; and

• $58,345,000 of 5% bonds due Feb. 1, 2033.

Bank of New York Mellon is the agent.


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