Tulsa Airports, Okla, defeases, redeems $18.2 million airport bonds

By Melissa Kory

Cleveland, Dec. 1 - Tulsa Airports Improvement Trust of Oklahoma said that it defeased and redeemed its $18,195,000 of Tulsa International Airport general revenue bonds with certain maturities.

On Nov. 10, the trust issued series 2010C general airport revenue refunding bonds, the proceeds of which were used for the defeasance and redemption of $18,195,000 bonds.

The following bonds were redeemed on Dec. 1 at par:

• $4.1 million of 6% series 1999B bonds due May 1, 2019;

• $3.75 million of 6.125% series 1999B bonds due May 1, 2026;

• $7,345,000 of 6% series 2000A bonds due May 1, 2020; and

• $3 million of 5.2% series 2001 AMT bonds due May 1, 2017.

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