New York City Transitional revises outstanding bond amount on call

By Ashley Montgomery

Kansas City Kan., Oct. 9 - New York City Transitional Finance Authority has revised the outstanding amount following the partial refunding of its future tax secured bonds, series 2004 C, according to a notice.

As previously reported, the company announced the refunding of $9.61 million of 5% bonds due Feb. 1, 2033. The redemption will leave $41,485,000 of the bonds outstanding, not $1,485,000 as previously announced.

The refunded bonds will be redeemed on Feb. 1, 2014 at par.

U.S. Bank, NA is the agent.

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