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Published on 1/4/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Kentucky calls $145.51 million project 74 property and building bonds

By Tali David

Minneapolis, Jan. 4 - Commonwealth of Kentucky called $145.51 million of its Property and Building Commission revenue and refunding bonds, project 74, according to a news release.

The city will redeem the following bonds at par plus accrued interest on Feb. 1:

• $3,895,000 of its 4.5% bonds due Aug. 1, 2012;

• $10,925,000 of its 5.375% bonds due Aug. 1, 2012;

• $1,235,000 of its 4.6% bonds due Feb. 1, 2013;

• $11.22 million of its 5.375% bonds due Feb. 1, 2013;

• $280,000 of its 4.75% bonds due Feb. 1, 2015;

• $9.9 million of its 5.375% notes due Feb. 1, 2014;

• $10.96 million of its 5.375% bonds due Feb. 1, 2015;

• $405,000 of its 4.85% bonds due Feb. 1, 2016;

• $11,435,000 of its 5.375% bonds due Feb. 1, 2016;

• $1,815,000 of its 4.9% bonds due Feb. 1, 2017;

• $10.66 million of its 5.375% bonds due Feb. 1, 2017;

• $970,000 of its 4.95% bonds due Feb. 1, 2018;

• $12,165,000 of its 5.375% bonds due Feb. 1, 2018;

• $13.84 million of its 5% bonds due Feb. 1, 2019;

• $14.53 million of its 5% bonds due Feb. 1, 2020;

• $15,255,000 of its 5% bonds due Feb. 1, 2021;

• $7.84 million of its 5.15% bonds due Feb. 1, 2022; and

• $8.18 million of its 5% bonds due Feb. 1, 2022.

The Bank of New York Mellon Trust Co., NA is the trustee.


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