Virginia ports authority calls some Virginia Baptist Homes bonds

By Marisa Wong

Madison, Wis., Nov. 15 - Peninsula Ports Authority of Virginia gave notice that it will redeem a portion of its $93,585,000 residential care facility revenue bonds, series 2003A, issued for Virginia Baptist Homes.

The authority will redeem $20.76 million of 7.375% bonds due Dec. 1, 2023 and $42.62 million of 7.375% bonds due Dec. 1, 2032.

The bonds will be redeemed on Dec. 1 at par plus accrued interest to the redemption date.

Virginia Baptist Homes is a Culpeper, Va., operator of retirement communities.

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