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Published on 4/25/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Erie County, N.Y., defeases $58.77 million Buffalo school bonds

By Tali David

Minneapolis, April 25 - The Erie County Industrial Development Agency, N.Y., defeased $58.77 million of its series 2009A City School District of the City of Buffalo Project school facility revenue bonds, according to a notice.

The 5.625% bonds, which are due May 1, 2028, will be redeemed at par plus accrued interest on May 1, 2014.

Manufacturers and Traders Trust Co. is the trustee.


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