New York State Thruway defeases $396.01 million of certain bonds

By Tali David

Minneapolis, Sept. 26 - The New York State Thruway Authority defeased $150.67 million of its second general highway and bridge trust fund bonds and $245,335,000 of its state personal income tax revenue bonds (transportation), according to two notices.

The series 2004A highway and bridge trust fund bonds are due April 1, 2015, 2017 and 2021 through 2023, and the 2004B bonds are due April 1, 2015 through 2024. They will be redeemed on April 1, 2014.

The 2005A bonds are due April 1, 2016 through 2024 and will be redeemed on April 1, 2015.

The series 2004A state personal income tax bonds are due March 15, 2014 and 2016 through 2024. The bonds due 2014 will be redeemed at maturity, and the rest will be redeemed on Sept. 15, 2014.

The 2005A bonds are due March 15, 2014 and 2018 through 2024. The bonds due 2014 will be redeemed at maturity and the rest will be redeemed on March 15, 2015.

The 2006A bonds are due on March 15, 2014 and will be redeemed at maturity.

The Bank of New York Mellon is the trustee.

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