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Published on 1/18/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Chicago Public Building calls $76.5 million transit authority bonds

By Tali David

Minneapolis, Jan. 18 - The Public Building Commission of Chicago will redeem $76.5 million of its series 2003 Chicago Transit Authority building revenue bonds, according to a notice.

The following 5.25% bonds will be redeemed at par plus accrued interest on March 1:

• $5.85 million of bonds due March 1, 2014;

• $6.35 million of bonds due March 1, 2015;

• $6.7 million of bonds due March 1, 2016;

• $7 million of bonds due March 1, 2017;

• $7.35 million of bonds due March 1, 2018;

• $7.8 million of bonds due March 1, 2019;

• $8.2 million of bonds due March 1, 2020;

• $8.6 million of bonds due March 1, 2021;

• $9.1 million of bonds due March 1, 2022; and

• $9.55 million of bonds due March 1, 2023.

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


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