Massachusetts Port Authority to redeem 1998E, 1999D, 2008B bonds in full, some of 1998A bonds

By Marisa Wong

Madison, Wis., Aug. 16 - The Massachusetts Port Authority said it will redeem its series 1998E, 1999D and 2008B revenue bonds in full and a portion of its series 1998A revenue refunding bonds on Sept. 16.

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

The authority will redeem $18.075 million of its 1998A 5% bonds due Jan. 1, 2023.

To be redeemed are the following 1998E bonds:

• $2.35 million of 4.875% bonds due July 1, 2011;

• $2.465 million of 5% bonds due July 1, 2012;

• $2.59 million of 5.25% bonds due July 1, 2013;

• $15.14 million of 5.25% bonds due July 1, 2018; and

• $44.275 million of 5% bonds due July 1, 2028.

Affected are the following 1999D bonds:

• $1.81 million of 5.25% bonds due July 1, 2011;

• $1.905 million of 5.3% bonds due July 1, 2012;

• $2.005 million of 6.125% bonds due July 1, 2013;

• $2.13 million of 6.125% bonds due July 1, 2014;

• $2.26 million of 6.125% bonds due July 1, 2015;

• $2.4 million of 6.25% bonds due July 1, 2016;

• $2.55 million of 6.25% bonds due July 1, 2017;

• $2.71 million of 5.5% bonds due July 1, 2018;

• $2.855 million of 5.75% bonds due July 1, 2019;

• $9.62 million of 6% bonds due July 1, 2022; and

• $9.355 million of 6% bonds due July 1, 2029.

The authority will redeem all $94.715 million of its 2008B variable-rate bonds due July 1, 2035.

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