Puerto Rico Electric Power calls 1998, 1999, 2000 power revenue bonds

By Marisa Wong

Milwaukee, May 19 - The Puerto Rico Electric Power Authority gave notice that it will redeem a portion of its 1998 series DD and EE bonds and all of its 1999 series FF and 2000 series HH power revenue refunding bonds on July 1.

To be redeemed are $47.69 million of 1998 series DD bonds due 2011, 2012 and 2019; $145.15 million of 1998 series EE bonds due in the years 2011 through 2016, 2018 and 2024; all $52.775 million of 1999 series FF bonds due 2013 and 2014; all $151.245 million of 2000 series HH bonds due 2011 through 2019; and all $323.48 million of series HH bonds due 2014 through 2016, 2020 and 2029.

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

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