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Published on 10/7/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York's Triborough Bridge and Tunnel calls some revenue bonds

By Marisa Wong

Madison, Wis., Oct. 7 - Triborough Bridge and Tunnel Authority of New York City said that it will redeem portions of its outstanding series 2002F and 2005A variable-rate general revenue bonds at par on Nov. 1.

Specifically, the authority will redeem $6.5 million of its 2002F bonds due Nov. 1, 2032 and $3.175 million of its 2005A bonds due Nov. 1, 2035.

Triborough Bridge and Tunnel is a division of the Metropolitan Transportation Authority, which operates seven intrastate toll bridges and two tunnels in New York City.


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