E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/2/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Sacramento Municipal Utility calls some 2001 electric revenue bonds

By Marisa Wong

Madison, Wis., Sept. 2 - Sacramento Municipal Utility District said it will redeem portions of its electric revenue refunding bonds, 2001 series N, O and P, on Oct. 4.

The district will redeem the following bonds:

• $131.085 million of 5% series N bonds due Aug. 15, 2028;

• $1.76 million of 5.25% series O bonds due Aug. 15, 2014;

• $6.28 million of 5.25% series O bonds due Aug. 15, 2015;

• $1.95 million of 5.25% series O bonds due Aug. 15, 2016;

• $2.055 million of 5.25% series O bonds due Aug. 15, 2017;

• $2.16 million of 5% series O bonds due Aug. 15, 2018;

• $2.27 million of 5% series O bonds due Aug. 15, 2019;

• $2.385 million of 5% series O bonds due Aug. 15, 2020;

• $2.505 million of 5.125% series O bonds due Aug. 15, 2021;

• $8.295 million of 5% series O bonds due Aug. 15, 2024;

• $7.71 million of 5.25% series P bonds due Aug. 15, 2014;

• $3.66 million of 5.25% series P bonds due Aug. 15, 2015;

• $8.59 million of 5.25% series P bonds due Aug. 15, 2016;

• $5.165 million of 5.25% series P bonds due Aug. 15, 2017;

• $5.45 million of 5.25% series P bonds due Aug. 15, 2018;

• $5.74 million of 5.25% series P bonds due Aug. 15, 2019;

• $6.055 million of 5.25% series P bonds due Aug. 15, 2020;

• $6.385 million of 5.25% series P bonds due Aug. 15, 2021; and

• $13.81 million of 5% series P bonds due Aug. 15, 2023.

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

U.S. Bank NA is the trustee and agent.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.