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Published on 11/24/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Sacramento County Sanitation defeases $58.73 million of 2005 bonds

By Tali Rackner

Norfolk, Va., Nov. 24 – The Sacramento County Sanitation Districts Financing Authority defeased $58.73 million of its series 2005 refunding revenue bonds, according to a notice.

The bonds due Dec. 1, 2014 through 2015 will be redeemed at par plus accrued interest to their redemption dates. Bonds due Dec. 1, 2016 through 2023 will be redeemed at par plus accrued interest on Dec. 1, 2016.

MUFG Union Bank, NA is the trustee.


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