Puerto Rico Electric Power to redeem $104.7 million revenue bonds

By Devika Patel

Knoxville, Tenn., May 6 - The Puerto Rico Electric Power Authority announced that it will redeem $104.7 million of its series 1997 CC and series 1998 GG revenue bonds.

The authority will redeem $46.14 million of the series 1997 CC bonds and $58.56 million of the series 1998 GG bonds at par plus interest to June 4, the redemption date.

U.S. Bank NA (800 934-6802) is the trustee.

The Puerto Rico-based authority provides electric energy services.

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