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Published on 6/21/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Philadelphia Industrial calls $52.67 million New Courtland Elder bonds

By Melissa Kory

Cleveland, June 21 - The Philadelphia Authority for Industrial Development said it will redeem its $52.67 million of New Courtland Elder Care variable-rate series 2003 revenue bonds due March 1, 2027.

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

Bank of New York Mellon is the redemption agent.


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