Chicago defeases $961.01 million of series 2005A O’Hare Airport bonds

By Wendy Van Sickle

Columbus, Ohio, Oct. 19 – The City of Chicago defeased $961.01 million of series 2005A Chicago O’Hare International Airport third-lien revenue bonds, according to a notice.

The following bonds will be redeemed Jan. 1, 2016 at par plus accrued interest:

• $50,795,000 of bonds due Jan. 1, 2019;

• $53,335,000 of bonds due Jan. 1, 2020;

• $55,995,000 of bonds due Jan. 1, 2021;

• $58.81 million of bonds due Jan. 1, 2022;

• $59,995,000 of bonds due Jan. 1, 2023;

• $62 million of bonds due Jan. 1, 2024;

• $65,255,000 of bonds due Jan. 1, 2025;

• $64.18 million of bonds due Jan. 1, 2026;

• $198.69 million of bonds due Jan. 1, 2029; and

• $291,995,000 of bonds due Jan. 1, 2033.

U.S. Bank NA is the trustee.

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