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Published on 2/28/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York State Thruway calls $277.49 million highway bridge bonds

By Melissa Kory

Cleveland, Feb. 28 - The New York State Thruway Authority said that it will redeem its $125.825 million of series 2001 local highway bridge service contract bonds and its $151.665 million of series 2001A highway and bridge trust funds.

Both series of bonds are due on April 1 from 2012 through 2021.

The series 2001 bonds will be redeemed on April 1 at par plus accrued interest to the redemption date.

The series 2001A bonds will be redeemed on April 1 at 101% plus accrued interest to the redemption date.

Bank of New York is the redemption agent.


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