Los Angeles Unified School District defeases $72.85 million G.O. bonds

By Marisa Wong

Milwaukee, March 19 - The Los Angeles Unified School District defeased some of its general obligation bonds - election of 1997, series E (2002) and election of 2002, series A (2003) - on March 4, according to a notice.

Affected were the following election of 1997, series E bonds:

• $480,000 of bonds due July 1, 2013, to be redeemed at par on July 1, 2012;

• $16 million of bonds due July 1, 2013, to be redeemed at par on July 1, 2012;

• $3.06 million of bonds due July 1, 2014, to be redeemed at par on July 1, 2012; and

• $245,000 of bonds due July 1, 2015, to be redeemed at par on July 1, 2012.

Also affected were $53.06 million of election 2002, series A bonds due July 1, 2015, to be redeemed at par on July 1, 2013.

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