Maryland Economic calls all $181.29 million of 2003 aviation bonds

By Tali David

Minneapolis, May 3 - The Maryland Economic Development Corp. called all $181,285,000 of its series 2003 Maryland Aviation Administration Facilities lease revenue bonds, according to a redemption notice.

The following will be redeemed at par plus accrued interest on June 1:

• $7,295,000 of 5.5% bonds due June 1, 2014;

• $7.69 million of 5.5% bonds due June 1, 2015;

• $8.12 million of 5.5% bonds due June 1, 2016;

• $8.57 million of 5.5% bonds due June 1, 2017;

• $9,035,000 of 5.5% bonds due June 1, 2018;

• $9.53 million of 5.375% bonds due June 1, 2019;

• $10.04 million of 5.375% bonds due June 1, 2020;

• $9.54 million of 5.375% bonds due June 1, 2021;

• $1,055,000 of 5.375% bonds due June 1, 2022;

• $10,595,000 of 5.125% bonds due June 1, 2023;

• $11,135,000 of 5.125% bonds due June 1, 2024;

• $11.71 million of 5.125% bonds due June 1, 2025;

• $25,235,000 of 5% bonds due June 1, 2027; and

• $42,735,000 of 4.9% bonds due June 1, 2030.

Manufacturers and Traders Trust Co. is the trustee and escrow deposit agent.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.