Philadelphia redevelopment authority to redeem 2002A revenue bonds

By Marisa Wong

Madison, Wis., March 30 - Redevelopment Authority of the City of Philadelphia gave notice that it will redeem its series 2002A Neighborhood Transformation Initiative revenue bonds on May 1.

The bonds will be redeemed at par plus accrued interest to the redemption date.

Affected are the following:

• $5.05 million of 5.5% bonds due April 15, 2013;

• $5,325,000 of 5.5% bonds due April 15, 2014;

• $5.62 million of 5.5% bonds due April 15, 2015;

• $5.93 million of 5.5% bonds due April 15, 2016;

• $6,255,000 of 5.5% bonds due April 15, 2017;

• $6.6 million of 5.5% bonds due April 15, 2018;

• $6,965,000 of 5.5% bonds due April 15, 2019;

• $7,345,000 of 5.5% bonds due April 15, 2020;

• $15,925,000 of 5.5% bonds due April 15, 2022; and

• $37.34 million of 5.3% bonds due April 15, 2026.

TD Bank, NA is the trustee.

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