E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/15/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Triborough Bridge and Tunnel, N.Y., calls $319.73 million 2002E bonds

By Tali David

Minneapolis, Jan. 15 - The Triborough Bridge and Tunnel Authority called $319,725,000 of its series 2002E subordinate revenue refunding bonds, according to a release.

The following bonds will be redeemed at par plus accrued interest on Feb. 14:

• $31,895,000 of 5.25% bonds due Nov. 15, 2022;

• $33,575,000 of 5.25% bonds due Nov. 15, 2023;

• $71.39 million of 5% bonds due Nov. 15, 2026; and

• $182,865,000 of 5% bonds due Nov. 15, 2032.

The Bank of New York Mellon is the trustee.

The authority is a division of the Metropolitan Transportation Authority of New York. It operates seven intrastate toll bridges and two tunnels in New York City.


© 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.