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NYC Trust for Cultural Resources defeases Museum of Modern Art bonds
By Tali David
Minneapolis, May 3 - The New York City Trust for Cultural Resources defeased $100 million of its Museum of Modern Art series 2001-1-D revenue bonds, according to a notice.
The 5.125% bonds, which are due Jan. 1, 2031, will be redeemed at par plus accrued interest on July 1.
The Bank of New York Mellon is the trustee.
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