Tulsa Airports, Okla., calls international airport series 1997B bonds

By Marisa Wong

Milwaukee, Dec. 11 - The Tulsa Airports Improvement Trust gave notice that it will defease and redeem a portion of its Tulsa International Airport general revenue bonds, refunding series 1997B.

On Thursday, the trust issued new general airport revenue bonds, taxable refunding series 2009D, the proceeds of which will be used in part for the defeasance and redemption of the 1997B bonds.

The following 1997B bonds have a mandatory redemption:

• $2.71 million of 7.05% bonds due 2010;

• $3.765 million of 7.05% bonds due 2011;

• $3.66 million of 7.05% bonds due 2013;

• $3.915 million of 7.05% bonds due 2014;

• $4.19 million of 7.05% bonds due 2015;

• $4.485 million of 7.05% bonds due 2016; and

• $2.45 million of 7.05% bonds due 2017.

The Bank of Oklahoma, NA is the trustee.

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