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Published on 6/15/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Port Authority of New York and New Jersey calls $300 million bonds

By Ashley Montgomery

Kansas City, Kan., June 15 - The Port Authority of New York and New Jersey will redeem all $300 million series 125 consolidated bonds, according to a notice.

The bonds will be redeemed July 15.

The following bonds are affected:

• $13,845,000 of 5% bonds due Oct. 15, 2018;

• $14.52 million of 5% bonds due Oct. 15, 2019;

• $15.24 million of 5% bonds due Oct. 15, 2020;

• $16,005,000 of 5% notes due Oct. 15, 2021;

• $16,805,000 of 5% notes due Oct. 15, 2022;

• $17.65 million of 5% notes due Oct. 15, 2023;

• $18.54 million of 5% notes due Oct. 15, 2024;

• $19.48 million of 5% notes due Oct. 15, 2025;

• $20.47 million of 5% notes due Oct. 15, 2026;

• $21,515,000 of 5% notes due Oct. 15, 2027; and

• $125.93 million of 5% notes due April 15, 2032.

Depository Trust Co. is the agent.

The authority is based in New York City.


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