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Published on 5/7/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Mexico State Highway calls $14.75 million 2002C fund revenue bonds

By Tali David

Minneapolis, May 7 - The New Mexico State Highway Commission called $14,745,000 of its series 2002C highway infrastructure fund revenue bonds additionally secured by a senior subordinate-lien on certain road fund revenues, according to a redemption notice.

The following 5.375% bonds will be redeemed at par plus accrued interest on June 15:

• $4.68 million of bonds due June 15, 2015;

• $5,065,000 of bonds due June 15, 2016; and

• $5 million of bonds due June 15, 2017.

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


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