Triborough Bridge & Tunnel calls portions of general revenue bonds

By Marisa Wong

Madison, Wis., Dec. 1 - The Triborough Bridge & Tunnel Authority said it will redeem portions of its general purpose revenue bonds, 1991 series X, 1992 series Y, series 1996B, 1997SR, 2001B, 2001C, 2003B, 2005B-2, 2005B-3 and 2005B-4.

The bonds will be redeemed on Jan. 1 at par plus accrued interest to the redemption date.

To be redeemed are the following bonds:

• $45.385 million of 6.625% 1991 series X bonds due Jan. 1, 2012;

• $38.9 million of 6% 1992 series Y bonds due Jan. 1, 2012;

• $46.29 million of 5.3% series 1996B bonds due Jan. 1, 2017;

• $44.86 million of 5.2% series 1996B bonds due Jan. 1, 2022;

• $21.53 million of 5.5% series 1997SR bonds due Jan. 1, 2012;

• $2.98 million of variable-rate 2001B bonds due Jan. 1, 2032;

• $2.975 million of variable-rate 2001C bonds due Jan. 1, 2032;

• $6.015 million of variable-rate 2003B bonds due Jan. 1, 2033;

• $800,000 of variable-rate 2005B-2 bonds due Jan. 1, 2032;

• $800,000 of variable-rate 2005B-3 bonds due Jan. 1, 2032; and

• $800,000 of variable-rate 2005B-4 bonds due Jan. 1, 2032.

The authority is a division of the Metropolitan Transportation Authority of New York. It operates seven intrastate toll bridges and two tunnels in New York City.

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