Alameda Corridor, Calif., plans to redeem $83.71 million 1999A bonds

By Tali David

Minneapolis, May 24 - The Alameda Corridor Transportation Authority of California intends to redeem $83.71 million of its tax-exempt senior-lien revenue bonds, series 1999A, according to a news release.

The notes, which are due 2014 through 2019, will be redeemed if the authority is granted a railroad rehabilitation and improvement financing program.

If funded, the notes will be redeemed at par plus accrued interest on July 24.

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