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Published on 6/12/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Puerto Rico Public Buildings calls $45.15 million government bonds

By Tali David

Minneapolis, June 12 - The Puerto Rico Public Buildings Authority called $23.97 million of its series D and $21.18 million of its series G government facilities revenue bonds, according to two redemption notices.

The following series D bonds will be redeemed at par plus accrued interest on July 11:

• $3 million of 5% bonds due July 1, 2016;

• $3 million of 5% bonds due July 1, 2017;

• $3 million of 5% bonds due July 1, 2018;

• $8 million of 5.125% bonds due July 1, 2020;

• $2,475,000 of 5.125% bonds due July 1, 2021;

• $2.41 million of 5.125% bonds due July 1, 2022; and

• $2,085,000 of 5.125% bonds due July 1, 2024.

The following series G bonds will be redeemed at par plus accrued interest, also on July 11:

• $1.54 million of 5.25% bonds due July 1, 2013;

• $1.62 million of 5.25% bonds due July 1, 2014;

• $1,705,000 of 5.25% bonds due July 1, 2015;

• $1,795,000 of 5.25% bonds due July 1, 2016;

• $1.89 million of 5.25% bonds due July 1, 2017;

• $1.99 million of 5.25% bonds due July 1, 2018;

• $2,095,000 of 5.25% bonds due July 1, 2019;

• $2,205,000 of 5.25% bonds due July 1, 2020;

• $2.32 million of 5.25% bonds due July 1, 2021; and

• $4.02 million of 5% bonds due July 1, 2026.

U.S. Bank NA is the agent.


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