Delaware County, Pa., authority announces mandatory tender for some 1997A revenue bonds

By Marisa Wong

Madison, Wis., May 25 - Delaware County Industrial Development Authority gave notice that $19.64 million of its $136.315 million outstanding refunding revenue bonds, 1997 series A, are subject to a mandatory tender on July 1.

The affected 6.1% bonds, which are due July 1, 2013, will be purchased at par plus accrued interest to the mandatory tender date.

U.S. Bank NA is the trustee.

The Media, Pa.-based authority issues revenue bonds and notes for the financing of industrial and commercial projects within Delaware County, Pa.

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