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Published on 4/24/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

San Jose Financing calls $290.78 million of 2002B Civic Center bonds

By Tali David

Minneapolis, April 24 - The City of San Jose Financing Authority, Calif., plans to redeem $290,775,000 of its series 2002B lease revenue bonds issued for the Civic Center Project, according to a notice.

The following bonds will be redeemed at par plus accrued interest on May 28:

• $215,000 of 4% bonds due June 15, 2013;

• $2,165,000 of 5.25% bonds due June 15, 2014;

• $1.36 million of 5.25% bonds due June 15, 2015;

• $3.24 million of 5.25% bonds due June 15, 2016;

• $2.5 million of 5.25% bonds due June 15, 2017;

• $5,555,000 of 5.25% bonds due June 15, 2018;

• $4.75 million of 5.25% bonds due June 15, 2019;

• $6.27 million of 5.25% bonds due June 15, 2020;

• $6,415,000 of 5.25% bonds due June 15, 2021;

• $63.77 million of 5% bonds due June 15, 2027;

• $84.64 million of 5% bonds due June 15, 2032; and

• $109,895,000 of 5% bonds due June 15, 2037.

Wells Fargo Bank, NA is the trustee.


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