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Published on 6/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Puerto Rico highways authority calls $28.27 million of series W bonds

By Marisa Wong

Madison, Wis., June 1 - Puerto Rico Highways and Transportation Authority said it will redeem $28.27 million of its $82.185 million of outstanding 5.5% series W bonds due July 1, 2013.

The bonds will be redeemed on July 1 at par plus accrued interest to the redemption date.

The San Juan, Puerto Rico-based authority is responsible for the construction, operation and maintenance of Puerto Rico's toll road network, major highways and mass transportation facilities.


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