Pennsylvania Turnpike calls series A, B 1998 oil tax revenue bonds

By Marisa Wong

Milwaukee, Oct. 20 - The Pennsylvania Turnpike Commission gave notice that it will redeem its Oil Franchise Tax senior revenue bonds, series A of 1998 and series B of 1998, in full on Dec. 1.

The bonds will be redeemed at 100.5.

Affected are the following 1998 series A bonds:

• $755,000 of 5.25% bonds due 2010,

• $800,000 of 5.25% bonds due 2011,

• $840,000 of 5.25% bonds due 2012,

• $885,000 of 5.25% bonds due 2013,

• $935,000 of 5.25% bonds due 2014,

• $985,000 of 5% bonds due 2015,

• $1.035 million of 5.125% bonds due 2016,

• $1.09 million of 5.25% bonds due 2017,

• $1.15 million of 5.25% bonds due 2018 and

• $6.695 million of 5% bonds due 2023.

Affected are the following 1998 series B bonds:

• $1.945 million of 5.25% bonds due 2010,

• $440,000 of 5.25% bonds due 2011,

• $465,000 of 5.25% bonds due 2012,

• $490,000 of 5.25% bonds due 2013,

• $515,000 of 5.25% bonds due 2014,

• $545,000 of 5.25% bonds due 2015,

• $575,000 of 5.25% bonds due 2016,

• $605,000 of 5% bonds due 2017,

• $635,000 of 5% bonds due 2018,

• $3.695 million of 5% bonds due 2023 and

• $17.09 million of 4.75% bonds due 2027.

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