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Published on 12/16/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Indianapolis Public Improvement Bond Bank calls $350 million airport authority bonds

By Melissa Kory

Cleveland, Dec. 16 - The Indianapolis Local Public Improvement Bond Bank said it will redeem its $350 million of Indianapolis Airport Authority series 2008C variable-rate bonds.

The bonds are due Jan. 1, 2033, 2036 and 2037.

The bonds will be redeemed on Jan. 3 at par, plus accrued interest to the redemption date.

Bank of New York Mellon Trust Co., NA is the redemption agent.


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