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Published on 11/16/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California calls $89.56 million Stanford University refunding bonds

By Tali David

Minneapolis, Nov. 16 - California Educational Facilities Authority announced that it has called all $89.555 million of its Stanford University series 0 refunding revenue bonds.

The bonds will be called at par plus interest on Dec. 1.

The Bank of New York Mellon Trust Co., NA is the paying agent.

The authority administers several programs that provide tax-exempt, low-cost financing to private, non-profit higher educational facilities. Stanford is a private research university in Palo Alto, Calif.


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