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Published on 12/31/2009 in the Prospect News Municipals Daily.

Charlotte, N.C., calls $69.75 million of 1999B airport revenue bonds

By Marisa Wong

Milwaukee, Dec. 30 - The City of Charlotte, N.C., gave notice that it will redeem $69.75 million of its $80.28 million outstanding airport revenue bonds, series 1999B, on Feb. 10.

The bonds will be redeemed at 101, plus accrued interest up to the redemption date.

The bonds will be redeemed with proceeds from the city's sale of airport revenue refunding bonds, series 2010B, on Jan. 14.

U.S. Bank NA is the trustee.

Affected are the following bonds:

• $2.16 million of 5.2% bonds due 2010;

• $2.27 million of 5.25% bonds due 2011;

• $2.395 million of 5.75% bonds due 2012;

• $2.53 million of 5.75% bonds due 2013;

• $2.675 million of 5.875% bonds due 2014;

• $2.835 million of 6% bonds due 2015;

• $3 million of 6% bonds due 2016;

• $3.185 million of 6% bonds due 2017;

• $3.375 million of 5.7% bonds due 2018;

• $3.57 million of 5.875% bonds due 2019;

• $3.775 million of 5.875% bonds due 2020;

• $17.495 million of 6% bonds due 2024; and

• $20.485 million of 6% bonds due 2028.


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