Pittsburgh Water and Sewer calls $89.2 million of series 2002 bonds

By Tali David

Minneapolis, May 18 - The Pittsburgh Water and Sewer Authority called $89.82 million of its water and sewer system first-lien revenue bonds, series of 2002, according to a redemption notice.

The following notes will be redeemed at par plus applicable premium on June 1:

• $2,655,000 of 5.5% bonds due Dec. 1, 2012;

• $2,815,000 of 5% bonds due Dec. 1, 2013;

• $2,955,000 of 5% bonds due Dec. 1, 2014;

• $3.1 million of 5.5% bonds due Dec. 1, 2015;

• $3.27 million of 5.5% bonds due Dec. 1, 2016;

• $3.45 million of 4.75% bonds due Dec. 1, 2017;

• $3,615,000 of 5% bonds due Dec. 1, 2018;

• $3,795,000 of 5% bonds due Dec. 1, 2019;

• $3,985,000 of 5.25% bonds due Dec. 1, 2020;

• $4,195,000 of 5.25% bonds due Dec. 1, 2021;

• $4,415,000 of 5.25% bonds due Dec. 1, 2022;

• $4.65 million of 5.25% bonds due Dec. 1, 2023;

• $21,125,000 of 5.125% bonds due Dec. 1, 2027; and

• $25,795,000 of 5.125% bonds due Dec. 1, 2031.

The Bank of New York Mellon Trust Co., NA is the agent.

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