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Published on 11/23/2009 in the Prospect News Municipals Daily.

Philadelphia Parking calls $131.59 million 1999 airport parking bonds

By Marisa Wong

Milwaukee, Nov. 23 - The Philadelphia Parking Authority gave notice that it will redeem all of its outstanding airport parking revenue bonds, series 1999, on Dec. 21.

A total of $131.59 million of bonds will be redeemed at 101, plus accrued interest up to the redemption date.

Affected are the following bonds:

• $3.715 million of 5.5% bonds due 2010,

• $3.925 million of 5.5% bonds due 2011,

• $4.15 million of 5.625% bonds due 2012,

• $4.39 million of 5.625% bonds due 2013,

• $4.645 million of 5.625% bonds due 2014,

• $4.91 million of 5.625% bonds due 2015,

• $5.195 million of 5.625% bonds due 2016,

• $5.495 million of 5.625% bonds due 2017,

• $5.815 million of 5.625% bonds due 2018,

• $6.15 million of 5.625% bonds due 2019,

• $6.495 million of 5.25% bonds due 2020,

• $14.06 million of 5.25% bonds due 2022 and

• $62.645 million of 5.25% bonds due 2029.


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