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Published on 5/14/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Houston calls $8.71 million of Texas airport system revenue bonds

By Tali David

Minneapolis, May 14 - The City of Houston will redeem $8.71 million of its Texas airport system subordinate-lien revenue bonds, series 2001A, according to a notice.

The following 5.5% bonds will be redeemed at par plus accrued interest on June 15:

• $2.75 million of bonds due July 1, 2013;

• $2,905,000 of bonds due July 1, 2014; and

• $3,055,000 of bonds due July 1, 2015.

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


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