New York's Triborough Bridge and Tunnel calls $99.51 million of bonds

By Marisa Wong

Madison, Wis., Aug. 24 - Triborough Bridge and Tunnel Authority of New York City said that it will redeem all $99.505 million of its outstanding series 1998A special obligations refunding bonds at par on Sept. 19.

The affected bonds include the following:

• $9.66 million of 5.125% bonds due Jan. 1, 2012;

• $10.17 million of 5.125% bonds due Jan. 1, 2013;

• $10.7 million of 5.125% bonds due Jan. 1, 2014;

• $26.17 million of 5% bonds due Jan. 1, 2015;

• $28.525 million of 5% bonds due Jan. 1, 2016; and

• $14.28 million of 5% bonds due Jan. 1, 2017.

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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