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Published on 7/30/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Louisiana Offshore calls full $37.96 million 2003C Loop project bonds

By Tali David

Minneapolis, July 30 - The Louisiana Offshore Terminal Authority plans to redeem all $37.96 million of its series 2003C deepwater port refunding revenue bonds issued for the Loop LLC Project, according to a notice.

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

• $2.6 million of bonds due Sept. 1, 2015;

• $15,905,000 of bonds due Sept. 1, 2015;

• $1,485,000 of bonds due Sept. 1, 2016; and

• $17.97 million of bonds due Sept. 1, 2016.

The Bank of New York Mellon Trust Co., NA is the trustee and paying agent.


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