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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 11/15/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Pennsylvania Turnpike calls $115.48 million of turnpike revenue bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 15 - The Pennsylvania Turnpike Commission said it would redeem all $115.48 million of its outstanding series R of 2001 turnpike revenue bonds due Dec. 1, 2026 and Dec. 1, 2030.

The bonds will be redeemed at 101% plus accrued interest to Dec. 1, the redemption date.

The affected bonds include $62.785 million of 5% bonds due 2026 and $52.695 million of 5% bonds due 2030.

U.S. Bank, NA is the trustee.


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