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New York City calls $550,000 Queens Baseball Stadium bonds due 2046
By Tali David
Minneapolis, Dec. 2 - New York City Industrial Development Agency is calling $550,000 of its Queens Baseball Stadium Project series 2006 6.027% bonds due Jan. 1, 2046, according to separate news releases.
The agency will redeem $60,000 of its lease revenue bonds at par plus interest on Jan. 1. Following the transaction, the remaining amount on the notes will be $6.405 million.
The agency will also redeem $490,000 of its installment purchase bonds at par plus interest on Jan. 1. Following the transaction, the remaining amount on the bonds will be $57.07 million.
The Bank of New York Mellon is the trustee.
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