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Published on 10/29/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Bay Area Infrastructure, Calif., calls $84.55 million state payment acceleration notes

By Tali David

Minneapolis, Oct. 29 - The Bay Area Infrastructure Financing Authority, Calif., called $84.55 million of its state payment acceleration notes, according to a notice.

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

• $34.55 million of 5% bonds due Aug. 1, 2017;

• $1.6 million of 4% bonds due Aug. 1, 2017; and

• $48.4 million of 5% bonds due Aug. 1, 2018.

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


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