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Published on 9/24/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Wayne County, Mich., calls $25 million of 2005 airport revenue bonds

By Tali Rackner

Norfolk, Va., Sept. 24 – The Wayne County Airport Authority, Mich., called $25 million of its series 2005 airport revenue bonds issued for the Detroit Metropolitan Wayne County Airport, according to a notice.

The 5% bonds, which are due Dec. 1, 2034, will be redeemed at par plus accrued interest on Sept. 21.

Following the transaction, $115.29 million will remain outstanding under the issue.

U.S. Bank NA is the escrow trustee.


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