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Published on 12/17/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Minneapolis-St. Paul Metropolitan Airports calls series 2001A, C bonds

By Marisa Wong

Madison, Wis., Dec. 17 - The Minneapolis-St. Paul Metropolitan Airports Commission said it will redeem $85.19 million of its 2001 series A and $196.6 million of its 2001 series C airport revenue bonds on Jan. 1.

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

To be redeemed are $13.945 million of 5.25% series 2001A bonds due Jan. 1, 2025; $71.245 million of 5.25% series 2001A bonds due Jan. 1, 2032; and the following 2001C bonds:

• $5.3 million of 5.75% bonds due Jan. 1, 2012;

• $7.88 million of 5.75% bonds due Jan. 1, 2013;

• $8.315 million of 5.75% bonds due Jan. 1, 2014;

• $8.77 million of 5.75% bonds due Jan. 1, 2015;

• $9.255 million of 5.75% bonds due Jan. 1, 2016;

• $9.725 million of 5.75% bonds due Jan. 1, 2017;

• $56.855 million of 5.625% bonds due Jan. 1, 2018; and

• $90.5 million of 5.25% bonds due Jan. 1, 2021.

Wells Fargo Bank, NA is the trustee.


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