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Published on 12/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California calls California Institute of Technology series 1990 bonds

By Tali David

Minneapolis, Dec. 1 - California Educational Facilities Authority called all of its California Institute of Technology series 1990 revenue bonds, according to a press release.

The authority will redeem $53.3 million of its 4.5% notes due Oct. 1, 2027 and $50.565 million of its 4.25% notes due Oct. 1, 2028.

The bonds will be redeemed at par plus interest on Dec. 30.

U.S. Bank NA is the trustee.

California Institute of Technology is a Pasadena, Calif.-based private research university.


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