Houston to redeem all $224.73 million 2000B airport system bonds

By Marisa Wong

Milwaukee, June 2 - The City of Houston plans to redeem in full its $224.725 million of outstanding airport system subordinate-lien revenue bonds, series 2000B, on July 1, according to a notice.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

Affected are the following bonds:

• $4.485 million of 5.5% bonds due July 1, 2018;

• $5.585 million of 5.5% bonds due July 1, 2019;

• $5.885 million of 5.5% bonds due July 1, 2020;

• $64.22 million of 5.7% bonds due July 1, 2028; and

• $144.55 million of 5.5% bonds due July 1, 2030.

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