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Published on 1/4/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York City calls $127.56 million of series 2003C G.O. bonds at par

By Ashley Montgomery

Kansas City, Kan., Jan. 4 - The City of New York plans to redeem $127,555,000 of its 2003 series C general obligation bonds, according to a notice.

The following bonds will be redeemed on Feb. 4 at par plus accrued interest to the redemption date:

• $9.84 million of 4.5% bonds due Aug. 1, 2013;

• $41,805,000 of 5.5% bonds due Aug. 1, 2013;

• $33.07 million of 5.5% bonds due Aug. 1, 2014;

• $155,000 of 4.75% bonds due Aug. 1, 2015; and

• $42,685,000 of 5.5% bonds due Aug. 1, 2015.

The Bank of New York Mellon is the trustee agent.


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