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Prospect News home > News index > List of issuers P > Headlines for Pennsylvania Turnpike Commission > News item
Published on 4/29/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Pennsylvania Turnpike defeases $50 million subordinate revenue bonds

By Tali Rackner

Norfolk, Va., April 29 – The Pennsylvania Turnpike Commission plans to redeem $50.03 million of its series A of 2011 turnpike subordinate revenue bonds due Dec. 1, 2041, according to a notice.

The 6% bonds will be redeemed at par plus accrued interest on Dec. 1, 2016.

Wells Fargo Bank, NA is the escrow agent.


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