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Published on 4/23/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Atlanta to redeem series 2004C, G & J airport general revenue bonds

By Tali Rackner

Norfolk, Va., April 23 - The City of Atlanta plans to redeem its series 2004C, 2004G and 2004J airport general revenue bonds, according to multiple notices.

The following 2004C bonds will be redeemed at par plus accrued interest on July 1:

• $247.02 million of 5% bonds due Jan. 1, 2033.

The following 2004G bonds will be redeemed at par plus accrued interest on Jan. 1, 2015:

• $715,000 of 4% bonds due Jan. 1, 2017;

• $5.75 million of 5% bonds due Jan. 1, 2018;

• $6,035,000 of 5% bonds due Jan. 1, 2019;

• $6,335,000 of 5% bonds due Jan. 1, 2020;

• $6,655,000 of 5% bonds due Jan. 1, 2021;

• $6,985,000 of 5% bonds due Jan. 1, 2022;

• $7,335,000 of 5% bonds due Jan. 1, 2023;

• $7,705,000 of 5% bonds due Jan. 1, 2024;

• $8.09 million of 5% bonds due Jan. 1, 2025;

• $8.49 million of 5% bonds due Jan. 1, 2026;

• $8,915,000 of 5% bonds due Jan. 1, 2027; and

• $23,165,000 of 5% bonds due Jan. 1, 2030.

The following 2004J bonds will be redeemed at par plus accrued interest on Jan. 1, 2015:

• $24,745,000 of 5% bonds due Jan. 1, 2027;

• $25,985,000 of 4.75% bonds due Jan. 1, 2028;

• $27.22 million of 5% bonds due Jan. 1, 2029; and

• $157.91 million of 5% bonds due Jan. 1, 2034.

U.S. Bank NA is the agent.


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