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Virginia ports authority calls some Virginia Baptist Homes bonds
By Marisa Wong
Madison, Wis., Nov. 15 - Peninsula Ports Authority of Virginia gave notice that it will redeem a portion of its $93,585,000 residential care facility revenue bonds, series 2003A, issued for Virginia Baptist Homes.
The authority will redeem $20.76 million of 7.375% bonds due Dec. 1, 2023 and $42.62 million of 7.375% bonds due Dec. 1, 2032.
The bonds will be redeemed on Dec. 1 at par plus accrued interest to the redemption date.
Virginia Baptist Homes is a Culpeper, Va., operator of retirement communities.
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