Pittsburgh, Allegheny County Sports & Exhibition calls some 2007 bonds

By Marisa Wong

Madison, Wis., Oct. 4 - The Sports and Exhibition Authority of Pittsburgh and Allegheny County said it will redeem portions of its outstanding commonwealth lease revenue (variable-rate demand) bonds, series 2007 A and taxable series 2007 B, on Nov. 1.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

To be redeemed are $4.64 million of $243.29 million of outstanding 2007 A bonds due Nov. 1, 2038 and $620,000 of $61.265 million of outstanding 2007 B bonds due Nov. 1, 2039.

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