Philadelphia Redevelopment calls 2005C Neighborhood Transformation revs

By Tali Rackner

Norfolk, Va., March 24 – The Philadelphia Redevelopment Authority called its series 2005C non-AMT revenue bonds issued for the Neighborhood Transformation Initiative, according to a notice.

The following will be redeemed at par plus accrued interest on April 15:

• $10.57 million of 5% bonds due 2027;

• $16.41 million of 5% bonds due 2028;

• $17.23 million of 5% bonds due 2029;

• $18,905,000 of 5% bonds due 2030; and

• $19 million of 5% bonds due 2031.

TD Bank, NA is the trustee.

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