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Published on 2/12/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York State Urban Development calls $189.14 million revenue bonds

By Tali Rackner

Norfolk, Va., Feb. 12 - The New York State Urban Development Corp. called $177.45 million of series 2004A-1 and $11,685,000 of its series 2009B-2 State Facilities and Equipment state personal income tax revenue bonds, according to two notices.

The 2004A-1 bonds are due March 15, 2015 through 2026, 2029 and 2034 and have coupons from 3.875% to 5.25%.

The 2009B-2 bonds are due March 15, 2018 and have a 6.45% interest rate.

The bonds will be redeemed at par plus accrued interest to the redemption date of March 15.

The Bank of New York Mellon is the trustee agent.


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