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Published on 12/4/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Triborough Bridge and Tunnel, N.Y., calls $53.52 million of MTA bonds

By Tali David

Minneapolis, Dec. 4 - The Triborough Bridge and Tunnel Authority, N.Y., called $53.52 million of its series 1998A, 2000AB and 2000CD MTA Bridges and Tunnels bonds, according to multiple notices.

The following 1998A special obligations refunding bonds will be redeemed at par on Jan. 1:

• $11,265,000 of 5.125% bonds due Jan. 1, 2015;

• $1.48 million of 4.75% bonds due Jan. 1, 2016; and

• $10,375,000 of 5.125% bonds due Jan. 1, 2016.

The following 2000AB subordinate revenue variable-rate refunding bonds will be redeemed at par plus accrued interest on Jan. 1:

• $18 million of bonds due Jan. 1, 2019.

The following 2000CD subordinate revenue variable-rate refunding bonds will be redeemed at par plus accrued interest on Jan. 1:

• $12.4 million of bonds due Jan. 1, 2019.

The Bank of New York Mellon is the trustee agent.


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