Alameda Corridor, Calif., defeases $428.39 million 2004A bonds

By Wendy Van Sickle

Columbus, Ohio, May 24 – The Alameda Corridor Transportation Authority of California defeased $428.39 million of tax-exempt subordinate lien revenue refunding bonds, series 2004A, according to a notice.

The following bonds will be redeemed on Oct. 1, 2017 at par plus accrued interest to the redemption date:

• $74.66 million of 5.25% bonds due Oct. 1, 2021;

• $81,685,000 of 5.3% bonds due Oct. 1, 2022;

• $86,015,000 of 5.3% bonds due Oct. 1, 2023;

• $90.57 million of 5.4% bonds due Oct. 1, 2024; and

• $95.46 million of 5.45% bonds due Oct. 1, 2025.

U.S. Bank NA is the escrow agent.

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