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Published on 4/23/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Pennsylvania Intergovernmental calls $202.82 million tax revenue bonds

By Marisa Wong

Milwaukee, April 23 - The Pennsylvania Intergovernmental Cooperation Authority gave notice that it will redeem its City of Philadelphia Funding Program special tax revenue refunding bonds, series 2008A and 2008B.

The bonds will be redeemed at par on May 17.

To be redeemed are $126.915 million of 2008A bonds due June 15, 2022 and $75.9 million of 2008B bonds due June 15, 2020.

U.S. Bank NA is the trustee.

The Philadelphia-based authority provides financial oversight and planning to the city of Philadelphia.


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