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Published on 11/29/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Indianapolis bond bank calls $58.34 million of airport project bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 29 - The Indianapolis Local Public Improvement Bond Bank plans to redeem all of its series 2003A Indianapolis Airport Authority project bonds, according to a notice.

The bonds will be redeemed on Jan. 1, 2013 at par plus the applicable premium.

The following bonds will be redeemed:

• $3.89 million of 5.625% bonds due Jan. 1, 2014;

• $4,105,000 of 5.625% bonds due Jan. 1, 2015;

• $4.34 million of 5.625% bonds due Jan. 1, 2016;

• $4.58 million of 5.625% bonds due Jan. 1, 2017;

• $4,835,000 of 4.625% bonds due Dec. 1, 2018;

• $5,065,000 of 5% bonds due Dec. 1, 2019;

• $5,315,000 of 4.75% bonds due Jan. 1, 2020;

• $5,565,000 of 5% bonds due Jan. 1, 2021;

• $5,845,000 of 5% bonds due Jan. 1, 2022;

• $6,135,000 of 5% bonds due Jan. 1, 2023; and

• $8.66 million of 5% bonds due Jan. 1, 2027.

The Bank of New York Mellon Trust Co., NA is the trustee.


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