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Published on 12/30/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Pennsylvania to redeem $177.73 million of its G.O. bonds on Feb. 1

By Tali David

Minneapolis, Dec. 30 - Commonwealth of Pennsylvania called $177.73 million of its general obligation bonds first series of 2002, according to a release.

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

• $14.33 million of 5.375% bonds due Feb. 1, 2013;

• $15,005,000 of 5.25% bonds due Feb. 1, 2014;

• $15,717,000 of 5.25% bonds due Feb. 1, 2015;

• $16,445,000 of 5.35% bonds due Feb. 1, 2016;

• $17.22 million of 5.25% bonds due Feb. 1, 2017;

• $18.03 million of 5.25% bonds due Feb. 1, 2018;

• $18,875,000 of 5.25% bonds due Feb. 1, 2019;

• $19.76 million of 5% bonds due Feb. 1, 2020;

• $20,695,000 of 5% bonds due Feb. 1, 2021; and

• $21,665,000 of 5% bonds due Feb. 1, 2022.

U.S. Bank NA is the trustee.


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