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Published on 9/8/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California Infrastructure to redeem all 2001 Buck Institute bonds

By Marisa Wong

Madison, Wis., Sept. 8 - California Infrastructure & Economic Development Bank will redeem in full its $55.6 million of series 2001 variable-rate demand revenue bonds due Nov. 13, 2037, which were issued for Buck Institute for Age Research.

The bonds will be redeemed on Sept. 9 at par plus accrued interest up to the redemption date.

The bank previously gave notice that it rescinded the redemption.

California's general purpose financing authority is based in Sacramento.


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