E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/22/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Atlanta defeases its series 2004A, 2004B airport general revenue bonds

By Tali Rackner

Norfolk, Va., April 22 - The City of Atlanta defeased its series 2004A and 2004B airport general revenue bonds, according to two notices.

The following 2004A bonds will be redeemed at par plus accrued interest on July 1:

• $5.93 million of 5.375% bonds due Jan. 1, 2015;

• $6.25 million of 5.375% bonds due Jan. 1, 2016;

• $6,585,000 of 5.375% bonds due Jan. 1, 2017;

• $6.94 million of 5.375% bonds due Jan. 1, 2018;

• $7,315,000 of 5.375% bonds due Jan. 1, 2019;

• $7,705,000 of 5.25% bonds due Jan. 1, 2020;

• $8.11 million of 5.25% bonds due Jan. 1, 2021;

• $8,535,000 of 5.25% bonds due Jan. 1, 2022;

• $8,985,000 of 5.25% bonds due Jan. 1, 2023;

• $9,455,000 of 5.25% bonds due Jan. 1, 2024;

• $9.95 million of 5.25% bonds due Jan. 1, 2025; and

• $57,555,000 of 5.125% bonds due Jan. 1, 2030.

The following 2004B bonds will be redeemed at par plus accrued interest on July 1:

• $58,655,000 of 5.25% bonds due Jan. 1, 2033.

U.S. Bank NA is the 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.