New York Liberty to redeem World Trade Center recovery revenue bonds

By Tali Rackner

Norfolk, Va., Nov. 4 – New York Liberty Development Corp. plans to redeem various series of its multi-modal recovery revenue bonds issued for the 3 World Trade Center Project, according to multiple notices.

The following zone revenue refunding bonds will be redeemed at par plus accrued interest on Nov. 20:

• $334,765,000 of series 2010A-1 bonds;

• $1.49 million of series 2010A-2 bonds;

• $585,000 of series 2010A-3 bonds;

• $515,000 of series 2010A-4 bonds;

• $460,000 of series 2010A-5 bonds; and

• $235,000 of series 2010A-6 bonds.

The following liberty revenue bonds will be redeemed at par plus accrued interest on Nov. 20:

• $1,214,015,000 of series 2011A bonds;

• $11,005,000 of series 2011B-1 bonds;

• $1.97 million of series 2011B-2 bonds;

• $1.67 million of series 2011B-3 bonds; and

• $840,000 of series 2011B-4 bonds.

The following liberty revenue refunding bonds issued for Towers 3-4 will be redeemed at par plus accrued interest on Nov. 20:

• $21,245,000 of series 2011A bonds; and

• $280,000 of series 2011B-1 bonds.

The Bank of New York Mellon is the trustee and paying agent.

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