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Published on 6/10/2009 in the Prospect News Municipals Daily.

NYC Industrial Development Agency calls New York Stock Exchange bonds

By Jennifer Chiou

New York, June 10 - The New York City Industrial Development Agency will redeem its $68.3 million of fixed-rate fiscal 2004 series A special revenue bonds issued for the New York Stock Exchange project.

The agency will pay par plus accrued interest on the redemption date of July 10.

Affected notes include the agency's $18.52 million of 4.8% bonds due May 1, 2013, $2.58 million of 5% bonds due May 1, 2014, $2.71 million of 5.125% bonds due May 1, 2015, $2.85 million of 5.2% bonds due May 1, 2016, $3 million of 5.3% bonds due May 1, 2017, $3,155,000 of 5.4% bonds due May 1, 2018, $3,325,000 of 5.4% bonds due May 1, 2019 and $41.82 million of 5.625% bonds due May 1, 2029.

The Bank of New York Mellon is the trustee.


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