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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 3/28/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Delaware River Port, N.J., calls portions of series 1999, 2001 bonds

By Marisa Wong

Madison, Wis., March 28 - Delaware River Port Authority gave notice that it will redeem portions of its $422.31 million series 1999 revenue bonds and $159,575,000 series 2001A and 2001B port district project refunding bonds on April 26.

The authority will redeem the following bonds at par plus accrued interest:

• $18,055,000 of 5.625% 1999 bonds due Jan. 1, 2013;

• $1.17 million of 5.75% 1999 bonds due Jan. 1, 2014;

• $5 million of 5.4% 1999 bonds due Jan. 1, 2014;

• $5.57 million of 5.5% 2001A bonds due Jan. 1, 2013;

• $6.88 million of 5.5% 2001A bonds due Jan. 1, 2014;

• $7.26 million of 5.5% 2001A bonds due Jan. 1, 2015;

• $7.66 million of 5.5% 2001A bonds due Jan. 1, 2016;

• $8,995,000 of 5.1% 2001A bonds due Jan. 1, 2019;

• $9.45 million of 5.1% 2001A bonds due Jan. 1, 2020;

• $1.58 million of 5.1% 2001A bonds due Jan. 1, 2021;

• $1.3 million of 5.125% 2001A bonds due Jan. 1, 2022;

• $1.3 million of 5.15% 2001A bonds due Jan. 1, 2023;

• $1,215,000 of 4.625% 2001B bonds due Jan. 1, 2013;

• $1.27 million of 4.75% 2001B bonds due Jan. 1, 2014;

• $1,335,000 of 4.85% 2001B bonds due Jan. 1, 2015;

• $1.4 million of 5% 2001B bonds due Jan. 1, 2016;

• $1.47 million of 5% 2001B bonds due Jan. 1, 2017;

• $1.54 million of 5% 2001B bonds due Jan. 1, 2018;

• $1.62 million of 5.1% 2001B bonds due Jan. 1, 2019;

• $1.7 million of 5.1% 2001B bonds due Jan. 1, 2020;

• $1,785,000 of 5.1% 2001B bonds due Jan. 1, 2021;

• $1.88 million of 5.125% 2001B bonds due Jan. 1, 2022;

• $1,975,000 of 5.15% 2001B bonds due Jan. 1, 2023; and

• $4.26 million of 5.2% 2001B bonds due Jan. 1, 2025.

TD Bank NA is the trustee.

The Camden, N.J.-based bi-state authority overseas the Philadelphia-Camden port district.


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