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Published on 11/1/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Wayne County Airport, Mich., calls Detroit Metropolitan revenue bonds

By Tali David

Minneapolis, Nov. 1 - The Wayne County Airport Authority, Mich., called the full $390.57 million of its airport revenue refunding bonds issued for the Detroit Metropolitan Wayne County Airport, according to multiple notices.

The following will be redeemed at par plus accrued interest to the redemption date:

• $75,275,000 of series 2010E-1 bonds due Dec. 1, 2028;

• $74,895,000 of series 2010E-2 bonds due Dec. 1, 2028;

• $124.64 million of series 2010F bonds due Dec. 1, 2033; and

• $115.76 million of series 2010G bonds due Dec. 1, 2028.

The 2010E and 2010F bonds will be redeemed on Dec. 2, and the 2010G bonds will be redeemed on Nov. 1.

U.S. Bank NA is the trustee.


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