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Published on 6/27/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Los Altos School District, Calif., calls $54.33 million G.O. bonds

By Tali David

Minneapolis, June 27 - Los Altos School District, Calif., plans to redeem all $54.33 million of its 2001 general obligation capital appreciation bonds, election of 1998 series B, according a notice.

The following bonds will be redeemed at the listed redemption prices plus accrued interest on Aug. 1:

• $4.72 million of bonds due Aug. 1, 2019, to be redeemed at 72.3363;

• $6,125,000 of bonds due Aug. 1, 2020, to be redeemed at 68.1706;

• $6.63 million of bonds due Aug. 1, 2021, to be redeemed at 64.2079;

• $7.03 million of bonds due Aug. 1, 2022, to be redeemed at 60.4401;

• $7.43 million of bonds due Aug. 1, 2023, to be redeemed at 56.91498;

• $10,945,000 of bonds due Aug. 1, 2024, to be redeemed at 53.6316; and

• $11.45 million of bonds due Aug. 1, 2025, to be redeemed at 50.52876.

U.S. Bank NA trustee or agent.


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