Philadelphia School District to fully redeem five series of G.O. bonds

By Marisa Wong

Milwaukee, April 5 - The School District of Philadelphia plans to redeem its general obligation refunding bonds, series 2008 A3, 2008 B4, 2008 C1, 2008 C2 and 2008 D1 in full, according to several notices.

All $80 million of outstanding 2008 A3 bonds due 2021, $70 million of 2008 B4 bonds due 2021, all $91 million of 2008 C1 bonds due 2021, all $790,000 of 2008 C2 bonds due 2021 and all $58,875,000 of the 2008 D1 bonds due 2021 will be redeemed on May 3.

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

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