Chicago calls $503.35 million of O'Hare International Airport bonds

By Tali David

Minneapolis, Sept. 18 - The City of Chicago called $503,345,000 of its series 2001 Chicago O'Hare International Airport second-lien passenger facility charge revenue bonds, according to multiple redemption notices.

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

The city will redeem the following 2001A bonds:

• $6,035,000 of bonds due Jan. 1, 2013;

• $7.66 million of bonds due Jan. 1, 2014;

• $3,755,000 of bonds due Jan. 1, 2015;

• $5,455,000 of bonds due Jan. 1, 2016;

• $9.06 million of bonds due Jan. 1, 2017;

• $9.58 million of bonds due Jan. 1, 2018;

• $10,135,000 of bonds due Jan. 1, 2019;

• $10,675,000 of bonds due Jan. 1, 2020;

• $11.28 million of bonds due Jan. 1, 2021;

• $11,915,000 of bonds due Jan. 1, 2022;

• $12.57 million of bonds due Jan. 1, 2023;

• $13.26 million of bonds due Jan. 1, 2024;

• $28,725,000 of bonds due Jan. 1, 2026; and

• $106.6 million of bonds due Jan. 1, 2032.

The city will also redeem the following 2001B bonds:

• $1,495,000 of bonds due Jan. 1, 2014;

• $3,715,000 of bonds due Jan. 1, 2017;

• $3,925,000 of bonds due Jan. 1, 2018;

• $4,135,000 of bonds due Jan. 1, 2019;

• $4,365,000 of bonds due Jan. 1, 2020;

• $4.59 million of bonds due Jan. 1, 2021;

• $26.66 million of bonds due Jan. 1, 2026;

• $26.84 million of bonds due Jan. 1, 2030; and

• $15,795,000 of bonds due Jan. 1, 2032.

The city will redeem the following 2001C bonds:

• $3.62 million of bonds due Jan. 1, 2013;

• $3.82 million of bonds due Jan. 1, 2014;

• $4.03 million of bonds due Jan. 1, 2015;

• $4.25 million of bonds due Jan. 1, 2016;

• $4,485,000 of bonds due Jan. 1, 2017;

• $4.73 million of bonds due Jan. 1, 2018;

• $4,995,000 of bonds due Jan. 1, 2019;

• $5,265,000 of bonds due Jan. 1, 2020;

• $5,535,000 of bonds due Jan. 1, 2021;

• $32.22 million of bonds due Jan. 1, 2026;

• $51,085,000 of bonds due Jan. 1, 2032.

Finally, the city will redeem the following 2001D bonds:

• $2,315,000 of bonds due Jan. 1, 2020;

• $2.43 million of bonds due Jan. 1, 2021;

• $14,095,000 of bonds due Jan. 1, 2026; and

• $22,145,000 of bonds due Jan. 1, 2032.

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

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