Southern California Public Power defeases 2005A San Juan revenue bonds

By Tali Rackner

Norfolk, Va., Dec. 22 – The Southern California Public Power Authority defeased $71.88 million of its 2005 refunding series A revenue bonds issued for the San Juan Power Project, according to a notice.

The following will be redeemed at par plus accrued interest on Jan. 20:

• $13.2 million of 5% bonds due Jan 1, 2015;

• $13,855,000 of 5% bonds due Jan 1, 2016;

• $14.55 million of 5% bonds due Jan 1, 2017;

• $15,285,000 of 5% bonds due Jan 1, 2018;

• $3.56 million of 5% bonds due Jan 1, 2019; and

• $11.43 million of 5% bonds due Jan 1, 2020.

U.S. Bank NA is the trustee.

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