Pennsylvania to redeem $83.49 million 2006A Philadelphia School bonds

By Tali Rackner

Norfolk, Va., May 7 – The Pennsylvania State Public School Building Authority plans to redeem $83,485,000 of its series 2006A school lease revenue bonds issued for the School District of Philadelphia, according to a notice.

The bonds will be redeemed at par plus accrued interest on Dec. 1, 2016.

The Bank of New York Mellon Trust Co., NA is the escrow agent and trustee.

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