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Published on 3/29/2010 in the Prospect News Municipals Daily.

Delaware River Port Authority calls $349 million of 1999 revenue bonds

By Marisa Wong

Milwaukee, March 29 - The Delaware River Port Authority of Pennsylvania and New Jersey gave notice that it will redeem its series 1999 revenue bonds in part on March 31.

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

Affected are the following bonds:

• $12.88 million of 5.75% bonds due Jan. 1, 2014;

• $20,145,000 of 5.75% bonds due Jan. 1, 2015;

• $16.3 million of 5.75% bonds due Jan. 1, 2016;

• $5 million of 5.625% bonds due Jan. 1, 2016;

• $22,525,000 of 6% bonds due Jan. 1, 2017;

• $18,865,000 of 6% bonds due Jan. 1, 2018;

• $5 million of 5.75% bonds due Jan. 1, 2018;

• $25,295,000 of 6% bonds due Jan. 1, 2019;

• $85.15 million of 5.75% bonds due Jan. 1, 2022; and

• $138.2 million of 5.75% bonds due Jan. 1, 2026.

TD Bank, NA is the trustee.


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