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Published on 12/15/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Pennsylvania calls $173.7 million 5%, 5.125% series 2001 G.O. bonds

By Melissa Kory

Cleveland, Dec. 15 - The Commonwealth of Pennsylvania announced that it will redeem its $173.7 million of series 2001 general obligation bonds.

The bonds will be redeemed on Jan. 15 at 101% plus accrued interest to the redemption date.

The following bonds will be redeemed:

• $17.63 million of 5% bonds due Jan. 15, 2012;

• $17.63 million of 5% bonds due Jan. 15, 2013;

• $17.63 million of 5.125% bonds due Jan. 15, 2014;

• $17.63 million of 5.125% bonds due Jan. 15, 2015;

• $17.63 million of 5.125% bonds due Jan. 15, 2016;

• $17.63 million of 5.125% bonds due Jan. 15, 2017;

• $17.63 million of 5.125% bonds due Jan. 15, 2018;

• $17.62 million of 5.125% bonds due Jan. 15, 2019;

• $16.395 million of 5.125% bonds due Jan. 15, 2020; and

• $16.275 million of 5.125% bonds due Jan. 15, 2021.

U.S. Bank NA is the redemption agent.


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