Metropolitan Transportation Authority, N.Y., calls $1.74 billion bonds

By Tali David

Minneapolis, Oct. 16 - The Metropolitan Transportation Authority of New York called $1,739,325,000 of its series 2002A, 2002E and 2002F bonds, according to multiple redemption notices.

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

• $917,355,000 of series 2002A dedicated tax fund variable-rate bonds due Nov. 15, 2013 through 2028, 2030 and 2032;

• $395,615,000 of series 2002A transportation revenue bonds due Nov. 15, 2013 through 2032;

• $239.86 million of series 2002E transportation revenue bonds due Nov. 15, 2016 through 2025 and 2031; and

• $186,495,000 of series 2002F transportation revenue refunding bonds due Nov. 15, 2031.

The Bank of New York Mellon is the trustee.

Based in New York City, the authority is responsible for public transportation in the state of New York. Its affiliated agencies include New York City Transit, Long Island Rail Road, Long Island Bus, Metro-North Railroad, Bridges and Tunnels, MTA Bus and Capital Construction.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.