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Published on 10/2/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Los Angeles calls full $58.36 million of 1999A parking system bonds

By Tali David

Minneapolis, Oct. 2 - The City of Los Angeles called the full $58,355,000 of its series 1999A parking system revenue bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Nov. 1:

• $2.51 million of 4.7% bonds due May 1, 2014;

• $2,625,000 of 4.75% bonds due May 1, 2015;

• $2.75 million of 4.75% bonds due May 1, 2016;

• $2.88 million of 4.75% bonds due May 1, 2017;

• $3.02 million of 4.75% bonds due May 1, 2018;

• $3.16 million of 4.75% bonds due May 1, 2019;

• $3.31 million of 4.75% bonds due May 1, 2020;

• $14.9 million of 4.75% bonds due May 1, 2024; and

• $23.2 million of 5.25% bonds due May 1, 2029.

U.S. Bank NA is the trustee or agent.


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