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Published on 6/16/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California Infrastructure calls Orange County Performing Arts bonds

By Marisa Wong

Milwaukee, June 16 - California Infrastructure and Economic Development Bank will redeem portions of its outstanding Orange County Performing Arts Center variable-rate demand revenue bonds, series 2008A, 2008B and 2008C, on July 1.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

Affected are the following bonds:

• $2.355 million of $90 million outstanding 2008A bonds due July 1, 2034;

• $2.355 million of $90 million outstanding 2008B bonds due July 1, 2034; and

• $1.57 million of $60 million outstanding 2008C bonds due July 1, 2034.

Union Bank, NA is the trustee.


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