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

San Jose, Calif., calls $45.71 million of airport bonds due 2031

By Tali David

Minneapolis, Dec. 12 - City of San Jose, Calif., is exercising its option to rescind and cancel all $45.71 million of its series 2001A airport revenue bonds, according to a press release.

The 5% bonds, which are due on March 1, 2031, will be redeemed on Dec. 14.

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


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