Philadelphia Authority calls $206.46 million of airport revenue bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 15 - The Philadelphia Authority for Industrial Development said it would redeem $206.455 million of its series 2001 A and series 1998A airport revenue bonds in full on Dec. 14.

The series 2001 A bonds will be redeemed at 101% and the series 1998A bonds will be redeemed at par, both with accrued interest to the redemption date.

To following bonds are affected:

• $5.505 million of 5.5% series 2001 A bonds due July 1, 2012;

• $5.825 million of 5.5% series 2001 A bonds due July 1, 2013;

• $6.155 million of 5.5% series 2001 A bonds due July 1, 2014;

• $6.495 million of 5.5% series 2001 A bonds due July 1, 2015;

• $6.865 million of 5.5% series 2001 A bonds due July 1, 2016;

• $7.25 million of 5.5% series 2001 A bonds due July 1, 2017;

• $7.665 million of 5.5% series 2001 A bonds due July 1, 2018;

• $8.075 million of 5.125% series 2001 A bonds due July 1, 2019;

• $8.505 million of 5.125% series 2001 A bonds due July 1, 2020;

• $18.43 million of 5.4% series 2001 A bonds due July 1, 2022;

• $68.575 million of 5.25% series 2001 A bonds due July 1, 2028; and

• $57.11 million of 5.125% series 1998A bonds due July 1, 2028.

U.S. Bank, NA is the trustee.

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