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Published on 11/18/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York City transit authorities call $1.08 million floaters

By Tali David

Minneapolis, Nov. 18 - New York City Transit Authority, Metropolitan Transportation Authority and Triborough Bridge and Tunnel Authority have called $550,000 of their series 2004A-4 and $525,000 of its series 2004A-5 variable-rate certificate of participation, according to a press release.

The bonds are due Jan. 1, 2030.

The series 2004A-4 bonds will be redeemed at par on Dec. 2, and the series 2004A-5 bonds will be redeemed at par on Dec. 12.

The Bank of New York Mellon is the trustee.


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