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Published on 6/13/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York calls $117.1 million, redeems $529.08 million of G.O. bonds

By Tali David

Minneapolis, June 13 - The City of New York called the full $117.1 million of its 1994 series E5 and 1995 series F6 general obligation fiscal bonds and redeemed all $529,075,000 of its 2003 series J bonds, according to multiple notices.

The following 1994 series E5 bonds will be redeemed at par plus a premium on July 11:

• $15.5 million of bonds due Aug. 1, 2015;

• $20 million of bonds due Aug. 1, 2016;

• $20 million of bonds due Aug. 1, 2017;

• $5 million of bonds due Aug. 1, 2018; and

• $6.6 million of bonds due Aug. 1, 2019.

The following 1995 series F6 bonds will be redeemed at par plus a premium on July 11:

• $50 million of bonds due Feb. 15, 2018.

The 2003 series J bonds were redeemed at par plus a premium on June 1.

The Bank of New York Mellon is the trustee agent.


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