Metropolitan Pier and Exposition, Ill., calls $722.78 million bonds

By Tali David

Minneapolis, June 8 - The Metropolitan Pier and Exposition Authority of Illinois, called $607.65 million of its series 2002A and $115.13 million of its 2002B McCormick Place expansion project refunding bonds, according to a redemption notice.

The following bonds will be redeemed at 101 plus accrued interest on July 12:

• $20 million of 5.5% series 2002A bonds due June 15, 2023;

• $260.32 million of 5% series 2002A bonds due Dec. 15, 2028;

• $63.97 million of 5.75% series 2002A bonds due June 15, 2041;

• $265.36 million of 5.25% series 2002A bonds due June 15, 2042;

• $135,000 of 4.375% series 2002B bonds due June 15, 2013;

• $140,000 of 4.5% series 2002B bonds due June 15, 2014;

• $150,000 of 4.5% series 2002B bonds due June 15, 2015;

• $4,795,000 of 5.5% series 2002B bonds due June 15, 2016;

• $49.91 million of 5% series 2002B bonds due June 15, 2021; and

• $60 million of 5.75% series 2002B bonds due June 15, 2023.

Amalgamated Bank of Chicago is the trustee.

The authority owns and manages McCormick Place and Navy Pier in Chicago.

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