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Published on 5/21/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Puerto Rico Government Development Bank calls $394.22 million notes

By Tali David

Minneapolis, May 21 - The Government Development Bank for Puerto Rico called all $394,224,000 of its 2010 series C senior notes, according to a redemption notice.

The 5.5% bonds, which are due Aug. 1, 2017, will be redeemed at par plus accrued interest on June 11.

Banco Popular de Puerto Rico is the trustee.


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