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Published on 2/3/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

J. Paul Getty Trust, Calif., calls all series 2004A and 2004B bonds

By Ashley Montgomery

Kansas City, Kan., Feb. 3 - The J. Paul Getty Trust has exercised its option to call and redeem all outstanding California Infrastructure and Economic Development Bank variable-rate revenue bonds, series 2004A and 2004B, according to a notice.

The bonds will be redeemed at par plus accrued interest to Feb 22.

Affected are $34,225,000 of series 2004A bonds and $34,225,000 of 2004B bonds, all due Oct. 1, 2023.

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

The J. Paul Getty Trust is a Los Angeles-based cultural and philanthropic institution. The California Infrastructure and Economic Development Bank is a Sacramento-based general purpose financing authority.


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