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Published on 11/15/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Metropolitan Transportation calls $137.25 million of Berkshire bonds

By Tali David

Minneapolis, Nov. 15 - Metropolitan Transportation Authority called $137.25 million of its Berkshire Hathaway bonds in full, according to multiple notices.

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

• $86.45 million of 5% bonds due Nov. 15, 2030;

• $10 million of 5.125% bonds due Nov. 15, 2022;

• $2.25 million of 5% bonds due Nov. 15, 2020; and

• $38.55 million of 5% bonds due Nov. 15, 2031.

The Bank of New York Mellon is the trustee or agent.


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