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Published on 12/6/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California plans to redeem $250,000 of Bentley School bonds due 2050

By Tali David

Minneapolis, Dec. 6 - California Statewide Communities Development Authority said it will redeem part of its Bentley School 2010 series B refunding revenue bonds, according to a press release.

The authority will redeem $250,000 of the bonds, which are due July 1, 2050, on Jan. 1.

Following the transaction, $74.325 million of the notes remain.

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

Bentley is a college preparatory school in Oakland and Lafayette, Calif.


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