Pennsylvania Turnpike calls $78.05 million of oil franchise tax bonds

By Marisa Wong

Madison, Wis., Nov. 1 - Pennsylvania Turnpike Commission gave notice that it will redeem a portion of its oil franchise tax senior revenue bonds, 2003 series A, on Dec. 1.

The commission will redeem $78,045,000 of the bonds at par plus accrued interest.

The called bonds have coupons of 5% and 5.25% and mature 2014 through 2024.

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