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Published on 7/1/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California to redeem $600 million of its 2008B economic recovery bonds

By Devika Patel

Knoxville, Tenn., July 1 - The State of California said it will redeem $600 million of its series 2008B economic recovery bonds at par plus interest to July 1, the redemption date.

The bonds include $30.86 million in 2008B-3 bonds and $569.15 million in 2008B-4 bonds. Both series are due in 2023.

Investors with questions may contact the California State Treasurer's Office (800 900-3873).


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