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Published on 9/3/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Southeastern Pennsylvania Transportation calls $156.37 million of 11 series of 1999A revenue bonds

By Marisa Wong

Madison, Wis., Sept. 3 - The Southeastern Pennsylvania Transportation Authority said it will redeem all $156.37 million of its outstanding 1999 series A special revenue bonds in full.

The bonds will be redeemed on Oct. 6 at 100.5.

To be redeemed are the following bonds:

• $5.075 million of 5.125% bonds due March 1, 2011;

• $5.335 million of 5.25% bonds due March 1, 2012;

• $5.615 million of 5.25% bonds due March 1, 2013;

• $5.91 million of 5.25% bonds due March 1, 2014;

• $6.22 million of 5.25% bonds due March 1, 2015;

• $6.55 million of 5.25% bonds due March 1, 2016;

• $6.89 million of 5.25% bonds due March 1, 2017;

• $7.255 million of 5.25% bonds due March 1, 2018;

• $15.65 million of 5% bonds due March 1, 2020;

• $36.15 million of 4.75% bonds due March 1, 2024; and

• $55.72 million of 4.75% bonds due March 1, 2029.


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