Commonwealth Transportation Board, Va., calls Route 58 revenue bonds

By Marisa Wong

Madison, Wis., April 15 - The Commonwealth Transportation Board of Virginia said it will redeem a portion of its $102.165 million of series 2001B U.S. Route 58 Corridor Development Program revenue bonds on May 15.

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

To be redeemed are the following bonds:

• $3.755 million of 5.375% bonds due May 15, 2014;

• $3.96 million of 5.375% bonds due May 15, 2015;

• $4.17 million of 5.25% bonds due May 15, 2016;

• $4.39 million of 5.25% bonds due May 15, 2017;

• $4.62 million of 5.25% bonds due May 15, 2018;

• $4.865 million of 5.25% bonds due May 15, 2019;

• $5.12 million of 5.25% bonds due May 15, 2020;

• $5.39 million of 5% bonds due May 15, 2021;

• $5.66 million of 5% bonds due May 15, 2022;

• $5.94 million of 5% bonds due May 15, 2023;

• $6.24 million of 5% bonds due May 15, 2024; and

• $13.43 million of 5% bonds due May 15, 2026.

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