New York State Thruway Authority State Personal Income Tax Revenue Bonds (Transportation)

NOTICE IS HEREBY GIVEN that the New York State Thruway Authority (the “Authority”) has made a deposit of money and direct obligations of the United States of America with The Bank of New York Mellon, as successor Trustee and Escrow Agent, in accordance with Section A-1104 of the General Resolution of the Authority, adopted June 27, 2002, as supplemented (the “General Resolution”), sufficient to defease the State Personal Income Tax Revenue Bonds (Transportation) described in the table below (collectively, the “Refunded Bonds”). In accordance with the General Resolution, the Authority has also hereby irrevocably called for redemption prior to maturity all of the Refunded Bonds on September 15, 2020 (the “Redemption Date”), at a redemption price of one hundred percent (100%) of the principal amount of the Refunded Bonds, plus accrued interest to the Redemption Date (the “Redemption Price”).

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This article originally appeared in The Bond Buyer.