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Published on 4/24/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Puerto Rico government development bank calls 6% senior notes in full

By Ashley Montgomery

Kansas City, Kan., April 24 - The Government Development Bank for Puerto Rico will redeem all $191,652,000 outstanding of its 6% series 2009 C senior notes due Feb. 1, 2022.

The notes will be redeemed on June 1 at par, plus accrued interest to the redemption date.

Banco Popular de Puerto Rico is the agent.


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