E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/17/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Puerto Rico Sales Tax calls all $333.3 million of series 2013A bonds

By Tali Rackner

Norfolk, Va., March 17 - The Puerto Rico Sales Tax Financing Corp. called all $333.3 million of its 1.95% series 2013A sales tax revenue junior-lien bond anticipation notes, according to a notice.

The bonds, which are due Sept. 30, 2014, will be redeemed at 100.9 plus accrued interest on April 1.

The Bank of New York Mellon is the trustee.

The San Juan, Puerto Rico, corporation is responsible for financing the payment, retirement or defeasance of some of the commonwealth's outstanding debt.


© 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.