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Published on 5/12/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York City Water calls four series of water & sewer system bonds

By Marisa Wong

Milwaukee, May 12 - The New York City Municipal Water Finance Authority gave notice that it will redeem in full its water and sewer system revenue bonds, fiscal 1999 series B, fiscal 2000 series B and fiscal 2001 series A and B, on June 15.

The bonds will be redeemed at the redemption price, plus accrued interest up to the redemption date. The 1999B bonds will be redeemed at par. The 2000B, 2001A and 2001B bonds will be redeemed at 101.

To be redeemed are all $111.835 million of outstanding 1999B bonds due 2029, all $323.73 million of outstanding 2000B bonds maturing in 2031 and 2033, all $328.225 million of outstanding 2001A bonds due 2033 and all $67.225 million of outstanding 2001B bonds maturing in the years 2011 through 2031.


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