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Santa Clara, Calif., calls $73.75 million subordinated electric bonds
By Tali David
Minneapolis, June 6 - The City of Santa Clara, Calif., plans to redeem $73.75 million of its series 2003A subordinated electric revenue bonds, according to a notice.
The following will be redeemed at par plus accrued interest on July 1:
• $3.49 million of bonds due July 1, 2014;
• $3,645,000 of bonds due July 1, 2015;
• $3.79 million of bonds due July 1, 2016;
• $3,975,000 of bonds due July 1, 2017;
• $4,185,000 of bonds due July 1, 2018;
• $4.41 million of bonds due July 1, 2019;
• $4.65 million of bonds due July 1, 2020;
• $4,895,000 of bonds due July 1, 2021;
• $5,145,000 of bonds due July 1, 2022;
• $5.41 million of bonds due July 1, 2023;
• $5,535,000 of bonds due July 1, 2024;
• $5.97 million of bonds due July 1, 2025; and
• $18.65 million of bonds due July 1, 2028.
The Bank of New York Mellon Trust Co., NA is the trustee.
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