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Published on 4/24/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

San Jose-Evergreen Community College, Calif., defeases 2004A G.O.s

By Tali Rackner

Norfolk, Va., April 24 - The San Jose-Evergreen Community College District, Calif., defeased some of its election of 2004, series A general obligation bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Sept. 1, 2015:

• $4,105,000 of 5.03% bonds due Sept. 1, 2021;

• $7.83 million of 5.08% bonds due Sept. 1, 2022;

• $8.15 million of 5.12% bonds due Sept. 1, 2023;

• $8.48 million of 5.17% bonds due Sept. 1, 2024;

• $4.07 million of 5.21% bonds due Sept. 1, 2025;

• $4,745,000 of 5% bonds due Sept. 1, 2025;

• $19,645,000 of 5% bonds due Sept. 1, 2027;

• $11,405,000 of 5.33% bonds due Sept. 1, 2028; and

• $11.81 million of 5.34% bonds due Sept. 1, 2029.

U.S. Bank NA is the escrow agent.


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