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Published on 5/29/2008 in the Prospect News Municipals Daily.

Clark County, Nev., to redeem $59.465 million airport system subordinate-lien revenue bonds

By Devika Patel

Knoxville, Tenn., May 29 - Clark County, Nev., announced that it plans to redeem $59.465 million of the Clark County, Nev., airport system subordinate-lien revenue bonds, series 1998A, on July 1.

The bonds being redeemed include $8.93 million of the 5.25% notes due July 2011, $9.4 million of the 5.25% notes due July 2012, $9.89 million of the 5.375% notes due July 2013, $10.425 million of the 5.375% notes due July 2014, $10.98 million of the 5.5% notes dues July 2015, $7.29 million of the 5% notes due July 2016 and $2.55 million of the 5% notes due July 2018.

The notes will be redeemed at 101% plus interest.

The Bank of New York Trust Co. NA is the paying agent.


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