Puerto Rico highways authority calls $485.11 million series K bonds

By Wendy Van Sickle

Columbus, Ohio, June 2 – Puerto Rico Highways and Transportation Authority has called $485.11 million of its 2005 series K transportation revenue bonds, according to a Monday redemption notice.

The $123.065 million in 5% bonds due 2035, $159.05 million in 5% bonds due 2040 and $202.99 million in 5% bonds due 2045 will be redeemed on July 1 at par plus accrued interest, according to the notice.

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