Pennsylvania Higher Education defeases $143.16 million Temple bonds

By Wendy Van Sickle

Columbus, Ohio, Jan. 7 – The Pennsylvania Higher Educational Facilities Authority defeased $143,156,000 of Temple University revenue bonds, first series of 2006, according to a notice.

The following bonds will be redeemed April 1 at par plus accrued interest to the redemption date:

• $6,465,000 of bonds due April 1, 2017;

• $6,815,000 of bonds due April 1, 2018;

• $7.16 million of bonds due April 1, 2019;

• $7.46 million of bonds due April 1, 2020;

• $7.78 million of bonds due April 1, 2021;

• $11.39 million of bonds due April 1, 2022;

• $11.95 million of bonds due April 1, 2023;

• $12.43 million of bonds due April 1, 2024;

• $13.14 million of bonds due April 1, 2025;

• $13.72 million of bonds due April 1, 2026;

• $14.28 million of bonds due April 1, 2027;

• $14.95 million of bonds due April 1, 2028; and

• $15,615,000 of bonds due April 1, 2029.

Bank of New York Mellon Trust Co., NA is the escrow 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.