Delaware River Port Authority calls $163.36 million series B bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 20 - Delaware River Port Authority will redeem portions of its series B 1998 and series B 1999 port district project bonds, according to a notice.

The bonds will be redeemed on Dec. 20 at par plus accrued interest to the redemption date.

The following 1998 bonds are affected:

• $2,845,000 of 5% bonds due Jan. 1, 2013;

• $2.99 million of 4.75% bonds due Jan. 1, 2014;

• $3.13 million of 5% bonds due Jan. 1, 2015;

• $6,735,000 of 4.75% bonds due Jan. 1, 2017;

• $7,395,000 of 5% bonds due Jan. 1, 2019; and

• $32.38 million of 5% bonds due Jan. 1, 2026.

The following 1999 bonds are affected:

• $13.06 million of 5.7% bonds due Jan. 1, 2021;

• $16.93 million of 5.7% bonds due Jan. 1, 2022;

• $17,895,000 of 5.7% bonds due Jan. 1, 2023; and

• $59,995,000 of 5.625% bonds due Jan. 1, 2026.

The company originally issued $79,575,000 of series B 1998 bonds and $107.88 million of series B 1999 bonds.

The Bank of New York Mellon is the agent.

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