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Published on 6/24/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York City Industrial Development Agency plans to redeem $700 million Liberty revenue bonds

By Devika Patel

Knoxville, Tenn., June 24 - The New York City Industrial Development Agency said it plans to redeem $350 million of its variable-rate series 2004A Liberty revenue bonds and $350 million of its variable-rate series 2004B Liberty revenue bonds.

The bonds, which are both due in 2039, will be redeemed at par plus interest to July 8, the redemption date.

U.S. Bank NA (800 934-6802) is the trustee.


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