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Virgin Islands Public Finance calls $162.87 million 1999A bonds
By Marisa Wong
Madison, Wis., Sept. 1 - The Virgin Islands Public Finance Authority said it will redeem its outstanding series 1999A (Virgin Islands gross receipts taxes loan note) revenue bonds, totaling $162.87 million, on Oct. 1.
The bonds will be redeemed at 101 plus accrued interest up to the redemption date.
To be redeemed are $69.015 million of 6.5% bonds due Oct. 1, 2024 and $93.855 million of 6.125% bonds due Oct. 1, 2029.
The Bank of New York Mellon Trust Co., NA is the trustee.
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