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Published on 10/3/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Port of Oakland, Calif., calls $177.79 million of revenue bonds

By Ashley Montgomery

Kansas City, Kan., Oct. 3 - Port of Oakland, Calif., will redeem potions of its series 2002 L, 2002 M and 2002 N revenue bonds, according to a notice.

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

The following 2002L AMT bonds are affected:

• $1.13 million of 5.5% bonds due Nov. 1, 2020;

• $2,675,000 of 5% bonds due Nov. 1, 2021;

• $2,815,000 of 5% bonds due Nov. 1, 2022;

• $2.96 million of 5% bonds due Nov. 1, 2023;

• $435,000 of 5.25% bonds due Nov. 1, 2027;

• $13,105,000 of 5.375% bonds due Nov. 1, 2027; and

• $21,385,000 of 5% bonds due Nov. 1, 2032.

The following 2002 N AMT refunding bonds are affected:

• $1.91 million of 5% bonds due Nov. 1, 2022.

The following 2002 M bonds are affected:

• $11,415,000 of 5.25% bonds due Nov. 1, 2013;

• $11.76 million of 5.25% bonds due Nov 1, 2014;

• $17,135,000 of 5.25% bonds due Nov. 1, 2015;

• $17.65 million of 5.25% bonds due Nov. 1, 2016;

• $19,095,000 of 5.25% bonds due Nov. 1, 2017;

• $20,655,000 of 5.25% bonds due Nov. 1, 2018;

• $21,765,000 of 5.25% bonds due Nov. 1, 2019; and

• $11.9 million of 5.25% bonds due Nov. 1, 2020.

U.S. Bank, Na is the trustee.


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