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Published on 10/27/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New York Liberty calls $2.59 billion World Trade Center project bonds

By Tali David

Minneapolis, Oct. 27 - New York Liberty Development Corp. announced that it is redeeming $2.59 billion of its World Trade Center project multi-modal liberty revenue refunding bonds.

It called $2.57 billion of its series 2011A bonds and $20.47 million of its series 2011B bonds.

The bonds will be redeemed Nov. 16 at par plus accrued interest, according to the company.

The Bank of New York Mellon is the trustee.

New York Liberty Development is based in New York City.


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