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Bay Area, Calif., calls $240.72 million payment acceleration notes
By Tali Rackner
Norfolk, Va., March 14 - The Bay Area Infrastructure Financing Authority of California defeased $240.72 million of its 5% state payment acceleration notes due Aug. 1, 2017, according to a notice.
The notes will be redeemed at par plus accrued interest on Aug. 1.
U.S. Bank NA is the trustee.
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