Houston calls some Texas airport system revenue bonds for redemption

By Ashley Montgomery

Kansas City, Kan., April 5 - The City of Houston will redeem portions of its Texas airport system subordinate-lien revenue bonds from five series, according to a notice.

The following bonds are affected:

• $87.8 million of 5% series 1998B AMT bonds due July 1, 2025;

• $7.19 million of 5% series 1998B AMT bonds due July 1, 2028;

• $76,845,000 of 5% series 1998C non-AMT bonds due July 1, 2028;

• $12,525,000 of 5.625% series 2000A AMT bonds due July 1, 2030;

• $3,235,000 of 5.5% series 2001A AMT bonds due July 1, 2016;

• $3.41 million of 5.5% series 2001A AMT bonds due July 1, 2017;

• $7,365,000 of 5% series 2001A AMT bonds due July 1, 2019;

• $8,145,000 of 5% series 2001A AMT bonds due July 1, 2021; and

• $30,655,000 of 5% series 2002A AMT bonds due July 1, 2027.

The bonds will be redeemed May 7 at par, plus accrued interest up to the redemption date.

Bank of New York Mellon Global Corporate Trust is the trustee.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.