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Published on 5/15/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Oakland Joint Powers, Calif., plans to redeem 2005 G.O. revenue bonds

By Tali Rackner

Norfolk, Va., May 15 – The Oakland Joint Powers Financing Authority of California said it will redeem its series 2005 general obligation revenue bonds, according to a notice.

The redeemed will be purchased at par plus accrued interest on June 15:

• $7,335,000 of bonds due June 15, 2016;

• $7,785,000 of bonds due June 15, 2017;

• $8,195,000 of bonds due June 15, 2018;

• $8.65 million of bonds due June 15, 2019;

• $7,915,000 of bonds due June 15, 2020;

• $4 million of bonds due June 15, 2021; and

• $14.39 million of bonds due June 15, 2025.

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


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