Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Tenders > Headlines for 2011 > News item |
Philadelphia's $100 million 2009B G.O. bonds have mandatory tender
By Marisa Wong
Madison, Wis., July 18 - City of Philadelphia gave notice that its $100 million series 2009B general obligation multi-modal refunding bonds are subject to mandatory tender for purchase on Aug. 4.
The bonds will be purchased at par plus accrued interest to the purchase date.
The mandatory tender is due to the substitution of an alternate credit facility and alternate liquidity facility for the bonds' existing letter of credit.
U.S. Bank NA is the tender agent.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.