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Published on 2/28/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York State Thruway calls 371.34 million highway and bridge bonds

By Tali David

Minneapolis, Feb. 28 - The New York State Thruway Authority called $371.34 million of its series 2003 highway and bridge trust fund bonds, according to two notices.

The following 2003A bonds will be redeemed at par plus accrued interest on April 1:

• $1.67 million of bonds due April 1, 2014;

• $12.06 million of bonds due April 1, 2014;

• $375,000 of bonds due April 1, 2015;

• $14,055,000 of bonds due April 1, 2015;

• $465,000 of bonds due April 1, 2016;

• $14.72 million of bonds due April 1, 2016;

• $3.83 million of bonds due April 1, 2017;

• $12,145,000 of bonds due April 1, 2017;

• $1.41 million of bonds due April 1, 2018;

• $15.36 million of bonds due April 1, 2018;

• $300,000 of bonds due April 1, 2019;

• $17,335,000 of bonds due April 1, 2019;

• $535,000 of bonds due April 1, 2020;

• $18,025,000 of bonds due April 1, 2020;

• $300,000 of bonds due April 1, 2021;

• $19,185,000 of bonds due April 1, 2021;

• $1,205,000 of bonds due April 1, 2022;

• $19.25 million of bonds due April 1, 2022;

• $5,325,000 of bonds due April 1, 2023; and

• $16,195,000 of bonds due April 1, 2023.

The following 2003B bonds will be redeemed at par plus accrued interest on April 1:

• $15.88 million of bonds due April 1, 2014;

• $8.04 million of bonds due April 1, 2015;

• $8,635,000 of bonds due April 1, 2015;

• $17,385,000 of bonds due April 1, 2016;

• $18,255,000 of bonds due April 1, 2017;

• $19.17 million of bonds due April 1, 2018;

• $5,235,000 of bonds due April 1, 2019;

• $14,845,000 of bonds due April 1, 2019;

• $20,995,000 of bonds due April 1, 2020;

• $21.99 million of bonds due April 1, 2021;

• $23,035,000 of bonds due April 1, 2022; and

• $24.13 million of bonds due April 1, 2023.

The Bank of New York Mellon is the trustee.


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