Indianapolis Bond Bank calls $20 million airport authority bonds

By Tali David

Minneapolis, April 10 - The Indianapolis Local Public Improvement Bond Bank said it will redeem $20 million of Indianapolis Airport Authority series 2003A bonds.

The 5% bonds, which are due Jan. 1, 2033, will be redeemed at par plus accrued interest on May 8.

Following the transaction, $4,095,000 will remain.

The Bank of New York Mellon Trust Co., NA is the agent.

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