California Educational calls $84.95 million of Pepperdine bonds

By Wendy Van Sickle

Columbus, Ohio, Nov. 2 – The California Educational Facilities Authority called $72,175,000 of series 2005A and $12.77 million of series 2005B refunding revenue bonds for Pepperdine University, according to two notices.

The 2005A bonds have a Dec. 1, 2035 maturity date. The 2005B bonds have a Dec. 1, 2031 maturity date. Both have 5% coupons.

The bonds will be redeemed Dec. 1.

The redemption price will be par plus accrued interest for the 2005A bonds and par for the 2005B bonds, according to the notices.

The Bank of New York Mellon Trust Co., NA is the agent.

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