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Published on 6/1/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Broward County calls airport system bonds for June 29 redemption

By Ashley Montgomery

Kansas City, Kan., June 1 - Broward County, Fla. will redeem portions of five series of airport system bonds, according to a notice.

The bonds will be redeemed on June 29.

The following bonds are affected:

• $39.48 million of series E airport system revenue refunding bonds;

• $38,175,000 of series G airport system revenue bonds;

• $17.39 million of series 1998H-1 passenger facility charge airport system revenue convertible lien bonds;

• $32.41 million of series 2001I passenger facility charge airport system revenue convertible lien bonds; and

• $132,165,000 of series 2001J-1 airport system revenue bonds.

The series E, G and 1998H-1 bonds will be redeemed at par. The series 2001I and 2001J-1 bonds will be redeemed at 101.

Wells Fargo Bank, NA is the agent.


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