New York City calls $550,000 Queens Baseball Stadium bonds due 2046

By Tali David

Minneapolis, Dec. 2 - New York City Industrial Development Agency is calling $550,000 of its Queens Baseball Stadium Project series 2006 6.027% bonds due Jan. 1, 2046, according to separate news releases.

The agency will redeem $60,000 of its lease revenue bonds at par plus interest on Jan. 1. Following the transaction, the remaining amount on the notes will be $6.405 million.

The agency will also redeem $490,000 of its installment purchase bonds at par plus interest on Jan. 1. Following the transaction, the remaining amount on the bonds will be $57.07 million.

The Bank of New York Mellon is the trustee.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.