California Infrastructure calls some workers' compensation bonds

By Tali David

Minneapolis, Nov. 19 - The California Infrastructure and Economic Development Bank called $355.18 million of its workers' compensation relief bonds, according to a notice.

The following 2004A fixed-rate bonds will be redeemed on Dec. 19:

• $5,295,000 of 4% bonds due Oct. 1, 2014;

• $38 million of 5.25% bonds due Oct. 1, 2014;

• $1.93 million of 4% bonds due Oct. 1, 2015;

• $54,955,000 of 5% bonds due Oct. 1, 2015; and

• $23 million of 5.25% bonds due Oct. 1, 2015.

The following 2004B auction-rate bonds will be redeemed:

• $57 million of series B-3 bonds due Oct. 1, 2020, to be redeemed Dec. 17;

• $87.5 million of series B-4 bonds due Oct. 1, 2022 to be redeemed Dec. 18; and

• $87.5 million of series B-5 bonds due Oct. 1, 2023 to be redeemed Dec. 13.

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

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

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