Atlanta Rapid Transit calls $160 million 2002 sales tax revenue bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 30 - The Metropolitan Atlanta Rapid Transit Authority of Georgia will redeem $160 million of its series 2002 second indenture sales tax revenue bonds, according to a notice.

The following bonds will be redeemed at par plus accrued interest to Jan. 1, 2013, the redemption date:

• $9.9 million of 5.25% bonds due July 1, 2021;

• $10.43 million of 5.25% bonds due July 1, 2022;

• $10.97 million of 5% bonds due July 1, 2023;

• $11.55 million of 5% bonds due July 1, 2024;

• $12.16 million of 5% bonds due July 1, 2025;

• $12.8 million of 5% bonds due July 1, 2026;

• $13.47 million of 5% bonds due July 1, 2027;

• $14,175,000 of 5% bonds due July 1, 2028;

• $14.92 million of 5% bonds due July 1, 2029; and

• $49,625,000 of 5% bonds due July 1, 2032.

U.S. Bank, NA is the trustee.

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