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Published on 10/17/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Louisiana Transportation calls $92.61 million 2005 LA 1 Project bonds

By Tali David

Minneapolis, Oct. 17 - The Louisiana Transportation Authority called its series 2005A and 2005B LA 1 Project senior-lien toll revenue capital appreciation bonds, according to two notices.

On Nov. 15, the authority will redeem $76.3 million of its series 2005A bonds due Dec. 1, 2013 through 2024 and 2030. The bonds will be redeemed at par plus accrued interest to the call date.

Also on Nov. 15, the authority will redeem $16,313,286 of its series 2005B bonds due Dec. 1, 2024 through 2028. The bonds will be redeemed at par plus accrued interest to the call date.

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


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