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Published on 9/19/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York announces expected mandatory tender for five bonds series

By Ashley Montgomery

Kansas City, Kan., Sept. 19 - The City of New York notified holders that it expects certain bond series to be subject to mandatory tender on Oct. 1.

Affected are the following:

• $15,315,000 fiscal 1994 subseries A-5 bonds due Aug. 1, 2015;

• $9,685,000 fiscal 1994 subseries A-5 bonds due Aug. 1, 2016;

• $8.3 million fiscal 1994 subseries H-6 bonds due Aug. 1, 2013;

• $32.9 million fiscal 1996 subseries J-2 bonds due Feb. 15, 2016; and

• $4,895,000 fiscal 2003 subseries G-3 bonds due Aug. 1, 2014.


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