Puerto Rico Electric Power calls $515.31 million power revenue bonds

By Tali David

Minneapolis, May 21 - The Puerto Rico Electric Power Authority called $515,305,000 of its power revenue bonds, series II, according to a redemption notice.

The following bonds will be redeemed at 101 plus accrued interest on July 1:

• $21,345,000 of 5.375% bonds due July 1, 2016;

• $22.49 million of 5.375% bonds due July 1, 2017;

• $23.7 million of 5.375% bonds due July 1, 2018;

• $24,975,000 of 5.375% bonds due July 1, 2019;

• $26,315,000 of 5% bonds due July 1, 2020;

• $56.71 million of 5.25% bonds due July 1, 2022;

• $132,175,000 of 5.125% bonds due July 1, 2026; and

• $207,595,000 of 5.25% bonds due July 1, 2031.

U.S. Bank Trust NA is the trustee.

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