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Published on 7/31/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California to redeem $44.41 million veterans general obligation bonds

By Tali David

Minneapolis, July 31 - The State of California plans to redeem all $44,405,000 of its series CB and CE veterans general obligation bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Sept. 1:

• $9 million of 4.9% CB bonds due Dec. 1, 2025;

• $16 million of 5.05% CB bonds due Dec. 1, 2036; and

• $19,405,000 of 5.05% CE bonds due Dec. 1, 2032.

The Treasurer of the State of California is the trustee.


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