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Published on 4/23/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Puerto Rico calls all outstanding 5% 1998 public improvement bonds

By Ashley Montgomery

Kansas City, Kan., April 23 - The commonwealth of Puerto Rico will redeem all $1,935,000 outstanding of its 5% general obligation public improvement refunding bonds, series 1998, according to a notice.

The bonds are due July 1, 2026 and insured by Ambac Assurance Corp.

The bonds will be redeemed May 3 at par.

Bank of New York Mellon is the agent.


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