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Published on 4/7/2010 in the Prospect News Municipals Daily.

Puerto Rico 2007 public improvement refunding bonds, subseries A-6, A-7, have mandatory tender

By Marisa Wong

Milwaukee, April 7 - The Commonwealth of Puerto Rico gave notice that its public improvement refunding bonds, series 2007A, specifically, its $50 million subseries A-6 bonds due 2033 and its $50 million subseries A-7 bonds due 2033, have a mandatory tender for purchase on April 30.

The bonds have a mandatory tender for purchase due to the expiration of the term of the commonwealth's liquidity facility.

The bonds will be redeemed at par along with accrued interest.


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