Virginia's Capital Beltway calls $234 million I-495 HOT Lanes bonds

By Tali Rackner

Norfolk, Va., May 8 - The Capital Beltway Funding Corp. of Virginia called $234 million of its $300 million series 2008A tax-exempt non-AMT senior-lien multi-modal toll revenue bonds due 2047 issued for the I-495 HOT Lanes Project, according to a notice.

The notes will be redeemed at par plus accrued interest on June 5.

Wells Fargo Bank, NA is the trustee.

Interstate 495 (Capital Beltway) surrounds Washington, D.C., and its inner suburbs in Maryland and Virginia.

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