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Published on 12/14/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York State Urban Development calls $56.34 million corporate bonds

By Tali David

Minneapolis, Dec. 14 - New York State Urban Development Corp. called $56,335,000 of its series 1996 corporate purpose bonds, according to a press release.

The following bonds will be redeemed at par plus accrued interest on Jan. 15:

• $19.98 million of 5.5% notes due July 1, 2016;

• $24,895,000 of 5.5% notes due July 1, 2022; and

• $11.46 million of 5.6% notes due July 1, 2026.

U.S. Bank NA is the trustee or agent.


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