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Published on 11/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Cleveland to redeem $3.89 million of its Continental Airlines bonds

By Tali David

Minneapolis, Nov. 1 - City of Cleveland announced that it will redeem $3.68 million of its 5.7% Continental Airlines, Inc. project airport special revenue refunding bonds, series 1999.

The bonds, which are due Dec. 1, 2019, will be redeemed at par plus interest up to the Dec. 1 redemption date.

Continental Airlines is based in Chicago.


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