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Published on 9/18/2009 in the Prospect News Municipals Daily.

Virgin Islands calls $101.09 million of 1998E bonds in full at 100.5

By Marisa Wong

Milwaukee, Sept. 18 - The Virgin Islands Public Finance Authority gave notice that it will redeem all of its outstanding series 1998E revenue and refunding bonds totaling $101.09 million on Oct. 18.

The bonds will be redeemed in full at 100.5, plus accrued interest up to the redemption date.

The affected revenue and refunding bonds are the finance authority's $24.75 million of 5.75% bonds due 2013, its $39.67 million of 5.875% bonds due 2018, and its $36.67 million of 6% bonds due 2022.

The Bank of New York Mellon is the trustee or agent.


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