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Published on 6/9/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Memphis-Shelby County Airport calls $80.95 million of revenue bonds

By Melissa Kory

Cleveland, June 9 - The Memphis-Shelby County Airport Authority said it will redeem $80.95 million of its airport revenue bonds on July 8 at par, plus accrued interest to the redemption date.

The redemption includes:

• $8.99 million of its $133.35 million of 6% series 1999D bonds due March 1, 2024;

• $8.09 million of its $31.66 million of 6.125% series 1999D bonds due March 1, 2025;

• $21.49 million of 5.125% series 2001Abonds due March 1, 2021; and

• $42.38 million of 5.125% series 2001B bonds due March 1, 2026.

Depository Trust Co. is the redemption agent.


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