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Published on 11/5/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California calls $262.27 million, defeases $519.31 million G.O. bonds

By Tali David

Minneapolis, Nov. 5 - The State of California called and defeased some of its general obligation bonds, according to two notices.

The state will redeem $262,265,000 of G.O. bonds on Dec. 5 and $519,305,000 of G.O. bonds on Feb. 1.

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

The Office of the Treasurer is the escrow agent.


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