Los Angeles Community College calls $425.39 million of G.O. bonds

By Melissa Kory

Cleveland, July 5 - The Los Angeles Community College District said it will redeem its $425.385 million of series 2001A election general obligation bonds.

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

The redemption includes:

• $12.03 million of 5.5% bonds due Aug. 1, 2012;

• $13.725 million of 5.5% bonds due Aug. 1, 2013;

• $15.54 million of 5.5% bonds due Aug. 1, 2014;

• $17.49 million of 5.5% bonds due Aug. 1, 2015;

• $4.58 million of 5.5% bonds due Aug. 1, 2016;

• $15 million of 5.5% bonds due Aug. 1, 2016;

• $21.82 million of 5.5% bonds due Aug. 1, 2017;

• $24.22 million of 5.5% bonds due Aug. 1, 2018;

• $26.785 million of 5.5% bonds due Aug. 1, 2019;

• $29.53 million of 5.5% bonds due Aug. 1, 2020;

• $2.425 million of 5% bonds due Aug. 1, 2021;

• $30.035 million of 5.5% bonds due Aug. 1, 2021;

• $202.205 million of 5% bonds due Aug. 1, 2026; and

• $10 million of 5.75% bonds due Aug. 1, 2026.

Bank of New York Mellon is the redemption agent.

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