New York City Industrial Development calls 7 World Trade Center bonds

By Ashley Montgomery

Kansas City, Kan., March 7 - The New York City Industrial Development Agency will redeem $475 million of its 7 World Trade Center, LLC project liberty revenue bonds, series A and B, the company announced in a news release.

The bonds will be redeemed on April 5 at par plus accrued interest to the redemption date.

The following bonds are affected:

• $275 million of 6.25% series A bonds due March 1, 2015;

• $150 million of 6.5% series A bonds due March 1, 2035; and

• $50 million of 6.75% series B bonds due March 1, 2015.

Bank of New York Mellon is the trustee.

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