Puerto Rico Public Finance calls commonwealth appropriation bonds

By Ashley Montgomery

Kansas City, Kan., Jan. 3 - Puerto Rico Public Finance Corp. said it would redeem portions of its 2001 series E and 2004 series A commonwealth appropriation bonds on Feb. 1.

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

The following 2004 series A bonds are affected:

• $391.62 million of 5.75% bonds due Aug. 1, 2027;

• $24.35 million of 5% bonds due Aug. 1, 2027;

• $38,035,000 of 4.1% bonds due Aug. 1, 2029;

• $192.32 million of 5.25% bonds due Aug. 1, 2029;

• $195.05 million of 5.25% bonds due Aug. 1, 2030; and

• $121,675,000 of 5.25% bonds due Aug. 1, 2031.

The affected 2001 series E bonds are $401,645,000 of 5.5% bonds due Aug. 1, 2029.

U.S. Bank NA is the trustee.

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