Pasadena, Calif., school district calls $56.75 million of 2002 bonds

By Marisa Wong

Madison, Wis., July 15 - Pasadena Independent School District of California said that it will redeem its $56.745 million of outstanding unlimited tax school building bonds, series 2002, in full on Aug. 15.

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

The outstanding 2002 bonds include the following:

• $4.265 million of 5% bonds due Feb. 15, 2012;

• $4.42 million of 5% bonds due Feb. 15, 2022;

• $6.095 million of 5.125% bonds due Feb. 15, 2023; and

• $41.965 million of 5.125% bonds due Feb. 15, 2029.

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