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Published on 11/18/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

NYC Transit to redeem $525,000 2004A-4 certificates of participation

By Melissa Kory

Cleveland, Nov. 18 - The NYC Transit Authority, Metropolitan Transportation Authority and Triborough Bridge and Tunnel Authority will redeem $525,000 of its $68.55 million series 2004A-4 variable-rate certificates of participation due Jan. 1, 2030, according to a news release.

The bonds will be redeemed on Dec. 17 at par plus accrued interest.

Bank of New York Mellon is the redemption agent.


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