Houston rescinds redemption of 2002C, 2002D-1 airport system bonds

By Marisa Wong

Milwaukee, June 25 - The City of Houston gave notice that it has rescinded the planned redemption of its airport system subordinate lien revenue bonds, series 2002C, 2002D-1.

Originally, the city planned to redeem $1.725 million of $96.65 million of outstanding 2002C bonds due 2020 and $1.775 million of $71.625 million of outstanding 2002D-1 bonds due 2020.

The bonds were to be redeemed on June 24 at par plus accrued interest up to the redemption date.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.