Denver to redeem $1.97 million of its airport system revenue bonds

By Tali David

Minneapolis, Oct. 22 - The City and County of Denver called $1.97 million of its airport system revenue bonds, according to two redemption notices.

Denver will redeem $1.37 million of its 7¾% series 1991D bonds due Nov. 15, 2013 at par plus accrued interest on Nov. 15. Syncora Guarantee Inc. guarantees the bonds.

The city and county will also redeem the following Department of Aviation auction-rate bonds at par plus accrued interest:

• $175,000 of 2007F1 bonds due Nov. 15, 2025, to be redeemed on Nov. 15;

• $150,000 of 2007F2 bonds due Nov. 15, 2025, to be redeemed on Nov. 16;

• $125,000 of 2007F3 bonds due Nov. 15, 2025, to be redeemed on Nov. 20; and

• $150,000 of 2007F4 bonds due Nov. 15, 2025, to be redeemed on Nov. 21.

Bank of New York Mellon is the agent for the 1991D bonds and Zions First National Bank is the agent for the Department of Aviation bonds.

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