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Delaware River and Bay to redeem $41.7 million of 2003 revenue bonds
By Ashley Montgomery
Kansas City, Kan., Nov. 19 - The Delaware River and Bay Authority has called $41.7 million of its series 2003 revenue bonds, according to a news release.
Affected are $16.22 million of bonds due Jan. 1, 2027 and $25.48 million of bonds due Jan. 1, 2033.
The bonds will be redeemed on Jan. 1 at par plus accrued interest to the redemption date.
The redemption is conditioned upon the authority depositing the principal amount with the paying agent, Bank of New York Mellon Trust Co., NA, by Nov. 6.
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