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Published on 9/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California Infrastructure to redeem $5 million 5.25% revenue bonds

By Susanna Moon

Chicago, Sept. 1 - California Infrastructure & Economic Development Bank said it plans to redeem $5 million of its $145 million series 2001 5.25% revenue bonds due Oct. 1, 2034.

The bank will redeem the bonds at 101 plus accrued interest to the redemption date of Oct. 1.

There is $85.04 million of the bonds outstanding.

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


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