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Published on 7/2/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Puerto Rico Public Finance calls commonwealth appropriation bonds

By Ashley Montgomery

Kansas City, Kan., July 2 - Puerto Rico Public Finance Corp. will redeem all of its 2004 series B commonwealth appropriation bonds on Aug. 1, according to a notice.

The bonds will be redeemed at 101 plus accrued interest to the redemption date.

The following bonds are affected:

• $5,765,000 of 5.1% bonds due Aug. 1, 2013;

• $3.28 million of 5.25% bonds due Aug. 1, 2014;

• $6,345,000 of 5.35% bonds due Aug. 1, 2015;

• $3.93 million of 5.45% bonds due Aug. 1, 2016;

• $3,625,000 of 5.55% bonds due Aug. 1, 2017; and

• $10,075,000 of 5.8% bonds due Aug. 1, 2029.

U.S. Bank NA is the trustee.


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