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Published on 11/6/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Chicago Transit Authority calls $10.02 million from two bond series

By Ashley Montgomery

Kansas City, Kan., Nov. 6 - Chicago Transit Authority will redeem portions of its series 2008A and 2008B sales and transfers tax receipts revenue bonds, according to a notice.

The following bonds will be redeemed on Dec. 1 at par plus accrued interest to the redemption date:

• $3.31 million of 5.118% retiree health care funding bonds due Dec. 1, 2013; and

• $6.71 million of 5.118% pension funding bonds due Dec. 1, 2013.

U.S. Bank, NA is the trustee.


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