Capital Project Finance calls Glenridge on Palmer Ranch revenue bonds

By Tali David

Minneapolis, April 27 - The Capital Project Finance Authority, Fla., called $67.25 million of its Glenridge on Palmer Ranch fixed-rate revenue bonds, according to separate redemption notices.

The following notes will be redeemed on June 1:

• $1.14 million of 8% series 2002A bonds due June 1, 2032, to be redeemed at par.

• $5,025,000 of 7.625% series 2002A bonds due June 1, 2018, to be redeemed at 102;

• $57,085,000 of 8% series 2002A bonds due June 1, 2032, to be redeemed at 102; and

• $4 million of 12% series 2002A-1 subordinate bonds due June 1, 2032, to be redeemed at 102.

The authority is a public agency in Florida. Glenridge is a continuing care retirement community in Sarasota, Fla.

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