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Published on 6/23/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Los Rios Community College, Calif., calls $54.26 million 2002C bonds

By Tali Rackner

Norfolk, Va., June 23 – The Los Rios Community College District, Calif., plans to redeem $54,255,000 of its election 2002, series C general obligation bonds, according to a notice.

The following will be redeemed at 102 plus accrued interest on Aug. 1:

• $2.39 million of 4.25% notes due Aug. 1, 2015;

• $2,495,000 of 4.25% notes due Aug. 1, 2016;

• $2.61 million of 4.25% notes due Aug. 1, 2017;

• $2,725,000 of 4.25% notes due Aug. 1, 2018;

• $2.85 million of 5% notes due Aug. 1, 2019;

• $2,975,000 of 5% notes due Aug. 1, 2020;

• $3.11 million of 5% notes due Aug. 1, 2021;

• $3.25 million of 5% notes due Aug. 1, 2022;

• $3,395,000 of 5% notes due Aug. 1, 2023;

• $3.55 million of 5% notes due Aug. 1, 2024;

• $3.71 million of 5% notes due Aug. 1, 2025;

• $3,875,000 of 5% notes due Aug. 1, 2026; and

• $17.32 million of 5% notes due Aug. 1, 2030.

The County of Sacramento is the paying agent.


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