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Maryland Economic calls all $181.29 million of 2003 aviation bonds
By Tali David
Minneapolis, May 3 - The Maryland Economic Development Corp. called all $181,285,000 of its series 2003 Maryland Aviation Administration Facilities lease revenue bonds, according to a redemption notice.
The following will be redeemed at par plus accrued interest on June 1:
• $7,295,000 of 5.5% bonds due June 1, 2014;
• $7.69 million of 5.5% bonds due June 1, 2015;
• $8.12 million of 5.5% bonds due June 1, 2016;
• $8.57 million of 5.5% bonds due June 1, 2017;
• $9,035,000 of 5.5% bonds due June 1, 2018;
• $9.53 million of 5.375% bonds due June 1, 2019;
• $10.04 million of 5.375% bonds due June 1, 2020;
• $9.54 million of 5.375% bonds due June 1, 2021;
• $1,055,000 of 5.375% bonds due June 1, 2022;
• $10,595,000 of 5.125% bonds due June 1, 2023;
• $11,135,000 of 5.125% bonds due June 1, 2024;
• $11.71 million of 5.125% bonds due June 1, 2025;
• $25,235,000 of 5% bonds due June 1, 2027; and
• $42,735,000 of 4.9% bonds due June 1, 2030.
Manufacturers and Traders Trust Co. is the trustee and escrow deposit agent.
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