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Published on 8/1/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Arizona School Facilities Board calls $69.32 million of 2003B COPs

By Tali David

Minneapolis, Aug. 1 - The Arizona School Facilities Board called $69,315,000 of its series 2003B certificates of participation, according to a notice.

The following will be redeemed in full at par plus a premium on Sept. 1:

• $15.99 million of 5.25% bonds due Sept. 1, 2015;

• $16.85 million of 5.25% bonds due Sept. 1, 2016;

• $17.76 million of 5.25% bonds due Sept. 1, 2017; and

• $18,715,000 of 5.25% bonds due Sept. 1, 2018.

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


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