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Published on 7/2/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York City Transitional Finance calls all 2003 C future tax bonds

By Ashley Montgomery

Kansas City, Kan., July 2 - New York City Transitional Finance Authority will redeem all $289,115,000 of its fiscal 2003 series C future tax secured bonds, according to a notice.

The bonds will be redeemed Aug. 1 at par.

The following bonds are affected:

• $11.55 million 4% bonds due Aug. 1, 2013;

• $7.77 million 5.25% bonds due Aug. 1, 2013;

• $20.19 million 5.25% bonds due Aug. 1, 2014;

• $21.25 million 5.25% bonds due Aug. 1, 2015;

• $22,365,000 5.25% bonds due Aug. 1, 2016;

• $4,015,000 4.4% bonds due Aug. 1, 2017;

• $19,525,000 5.25% bonds due Aug. 1, 2017;

• $24.74 million 5.25% bonds due Aug. 1, 2018;

• $26,045,000 5.25% bonds due Aug. 1, 2019;

• $27,405,000 5.25% bonds due Aug. 1, 2020;

• $28,845,000 5.25% bonds due Aug. 1, 2021;

• $30,365,000 5.25% bonds due Aug. 1, 2022;

• $17,675,000 5% bonds due Aug. 1, 2023;

• $18,555,000 5% bonds due Aug. 1, 2024; and

• $8.82 million 5% bonds due Aug. 1, 2025.

Bank of New York Mellon is the agent.


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