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Published on 6/4/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Houston to redeem $55.95 million 2002B airport system bonds in full

By Ashley Montgomery

Kansas City, Kan., June 4 - The City of Houston will redeem all of its $55,945,000 series 2002B airport system subordinate lien revenue bonds, according to a notice.

The bonds will be redeemed on July 1 at par.

The following bonds are affected:

• $6,955,000 5.5% bonds due July 1, 2013;

• $7,365,000 5.5% bonds due July 1, 2014;

• $7.73 million 5.5% bonds due July 1, 2015;

• $8.15 million 5.5% bonds due July 1, 2016;

• $8,605,000 5.5% bonds due July 1, 2017;

• $7,265,000 5.5% bonds due July 1, 2018;

• $4,805,000 5.5% bonds due July 1, 2019; and

• $5.07 million 5.5% bonds due July 1, 2020.

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


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