New York Liberty calls $2.59 billion World Trade Center revenue bonds

By Marisa Wong

Madison, Wis., Sept. 28 - New York Liberty Development Corp. issued a notice of redemption for its outstanding World Trade Center Project Multi-Modal Liberty revenue bonds, series 2009A and 2009B.

The bonds will be redeemed on Oct. 20 at par plus accrued interest to the redemption date.

Affected are the following bonds:

• $1,271,875,000 of 2009A-1 bonds due Dec. 1, 2049;

• $1.303 billion of 2009A-2 bonds due Dec. 1, 2049;

• $13.545 million of 2009B-1 bonds due Dec. 1, 2049;

• $1.16 million of 2009B-2 bonds due Dec. 1, 2049; and

• $3.92 million of 2009B-3 bonds due Dec. 1, 2049.

The Bank of New York Mellon is the trustee.

The New York development company was established to rebuild the World Trade Center and redevelop lower Manhattan.

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