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Published on 4/10/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Houston calls $171.84 million of 1998 airport system revenue bonds

By Ashley Montgomery

Kansas City, Kan., April 10 - The City of Houston will redeem portions of its series 1998B AMT and series 1998C non-AMT airport system subordinated lien revenue bonds, according to a notice.

The $171,835,000 of bonds will be redeemed May 7 at par.

The following bonds are affected:

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

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

• $76,845,000 of 5% series 1998C bonds due July 1, 2028.

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


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