Metropolitan Transportation Authority, N.Y., calls 2002A, 200B bonds

By Tali David

Minneapolis, Aug. 10 - The Metropolitan Transportation Authority of New York redeemed its series 2002A state service contract refunding bonds and its series 2002B state service contract bonds, according to a redemption notice.

The following 2002A bonds were redeemed at par plus accrued interest on July 1:

• $1,085,000 of 4.4% bonds due Jan. 1, 2013;

• $7.5 million of 4.3% bonds due July 1, 2013;

• $1.49 million of 4.5% bonds due Jan. 1, 2014;

• $4.14 million of 4.4% bonds due July 1, 2014;

• $35.48 million of 5.5% bonds due Jan. 1, 2019;

• $36,455,000 of 5.5% bonds due July 1, 2019;

• $37.46 million of 5.5% bonds due Jan. 1, 2020;

• $38.49 million of 5.5% bonds due July 1, 2020;

• $10 million of 5.1% bonds due Jan. 1, 2021;

• $29.55 million of 5% bonds due Jan. 1, 2021;

• $40.54 million of 5% bonds due July 1, 2021;

• $10 million of 5.125% bonds due Jan. 1, 2022;

• $74,155,000 of 5% bonds due July 1, 2022;

• $43,665,000 of 5.25% bonds due Jan. 1, 2023;

• $90.77 million of 5.125% bonds due Jan. 1, 2024;

• $144,975,000 of 5% bonds due July 1, 2025;

• $399.9 million of 5.125% bonds due Jan. 1, 2029;

• $185,875,000 of 5% bonds due July 1, 2030;

• $56.29 million of 5.25% bonds due July 1, 2031; and

• $60 million of 5.75% bonds due July 1, 2031.

The following 2002B bonds were redeemed at par plus accrued interest on July 1:

• $13.31 million of 5.5% bonds due July 1, 2018;

• $14.05 million of 5.5% bonds due July 1, 2019;

• $14.83 million of 5.5% bonds due July 1, 2020;

• $32.07 million of 5% bonds due July 1, 2022;

• $17,285,000 of 5.5% bonds due July 1, 2023;

• $18.25 million of 5.5% bonds due July 1, 2024;

• $50 million of 5.375% bonds due Jan. 1, 2030;

• $50 million of 5% bonds due Jan. 1, 2031;

• $45,235,000 of 5.25% bonds due Jan. 1, 2031; and

• $13,285,000 of 5.35% bonds due July 1, 2031.

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

Based in New York City, the authority is responsible for public transportation in the state of New York. Its affiliated agencies include New York City Transit, Long Island Rail Road, Long Island Bus, Metro-North Railroad, Bridges and Tunnels, MTA Bus and Capital Construction.

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