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Published on 6/23/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California Infrastructure calls $169.51 million Kaiser Hospital bonds

By Melissa Kory

Cleveland, June 23 - The California Infrastructure and Economic Development Bank said it will redeem the outstanding $169.505 million of its $197.615 million of Kaiser Hospital Assistance I, LLC series 2001A and series 2001B revenue bonds due Aug. 1, 2031.

The bonds will be redeemed on Aug. 1 at par, plus accrued interest to the redemption date.

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

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


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