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Published on 4/12/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Port Authority of New York and New Jersey calls $198.42 million bonds

By Ashley Montgomery

Kansas City, Kan., April 12 - The Port Authority of New York and New Jersey will redeem $198,415,000 of its series 126 consolidated bonds, according to a notice.

The bonds will be redeemed May 15.

The following bonds are affected:

• $13.64 million of 5.5% notes due Nov. 15, 2012;

• $14,255,000 of 5.5% notes due Nov. 15, 2013;

• $14.91 million of 5.5% notes due Nov. 15, 2014;

• $15.61 million of 5.5% notes due Nov. 15, 2015;

• $3,525,000 of 5.25% notes due Nov. 15, 2016;

• $3.7 million of 5% notes due Nov. 15, 2017;

• $3,885,000 of 5% notes due Nov. 15, 2018;

• $4,085,000 of 5% notes due Nov. 15, 2019;

• $4,295,000 of 5.25% notes due Nov. 15, 2020;

• $4,515,000 of 5.25% notes due Nov. 15, 2021;

• $4,755,000 of 5.25% notes due Nov. 15, 2022;

• $10,275,000 of 5% notes due Nov. 15, 2024;

• $24.07 million of 5.125% notes due Nov. 15, 2028;

• $14.07 million of 5.125% notes due Nov. 15, 2030;

• $15,635,000 of 5.125% notes due Nov. 15, 2032; and

• $47.19 million of 5.25% notes due May 15, 2037.

The authority is based in New York City.


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