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Published on 10/15/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York City Transitional calls $203.83 million future tax bonds

By Ashley Montgomery

Kansas City, Kan., Oct. 15 - New York City Transitional Finance Authority will redeem its fiscal 1999 series A future tax secured bonds, according to two notices.

The bonds will be redeemed on Nov. 15 at par plus applicable premium.

The following bonds are affected:

• $21.09 million of 5.5% bonds due Nov. 15, 2016;

• $37.89 million of 5.5% bonds due Nov. 15, 2017;

• $44 million of 5.5% bonds due Nov. 15, 2020;

• $36.2 million of 5.375% bonds due Nov. 15, 2021;

• $10 million of 5.05% bonds due Nov. 15, 2021; and

• $54.65 million of 5% bonds due Nov. 15, 2026.

Bank of New York Mellon is the agent.


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