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Published on 12/19/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Puerto Rico Public Finance calls $352.46 million of series A bonds

By Tali David

Minneapolis, Dec. 19 - Puerto Rico Public Finance Corp. announced the redemption of $352,455,000 of its 2004 series A bonds, according to a press release.

The following bonds will be redeemed at par plus accrued interest on Feb. 1, 2012:

• $122.13 million of its 5.75% notes due Aug. 1, 2027;

• $9.81 million of its 5% notes due Aug. 1, 2027;

• $15.33 million of its 4.1% notes due Aug. 1, 2029;

• $77.52 million of its 5.25% notes due Aug. 1, 2029;

• $78.62 million of its 5.25% notes due Aug. 1, 2030; and

• $49,045,000 of its 5.25% notes due Aug. 1, 2031.

U.S. Bank Trust NA is the trustee.


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