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Published on 3/16/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Long Beach Bond Finance, Calif., calls $111.2 million of revenue bonds

By Ashley Montgomery

Kansas City, Kan., March 16 - Long Beach Bond Finance Authority, Calif., will redeem $111,175,000 of its series 2001 Aquarium of the Pacific project lease revenue refunding bonds on April 16, according to a notice.

The bonds due Nov. 1, 2012 through Nov. 1, 2019 will be redeemed at par. The bonds due Nov. 1, 2026 through Nov. 1, 2030 will be redeemed at 101. All of the redemption prices for the bonds will include accrued interest to the redemption date.

The following bonds are affected:

• $3,535,000 of 5.5% bonds due Nov. 1, 2012;

• $3.73 million of 5.5% bonds due Nov. 1, 2013;

• $3,935,000 of 5.5% bonds due Nov. 1, 2014;

• $4.15 million of 5.5% bonds due Nov. 1, 2015;

• $4.38 million of 5.5% bonds due Nov. 1, 2016;

• $4.62 million of 5.5% bonds due Nov. 1, 2017;

• $4,875,000 of 5.5% bonds due Nov. 1, 2018;

• $5.14 million of 5% bonds due Nov. 1, 2019;

• $43.95 million of 5% bonds due Nov. 1, 2026; and

• $32.86 million of 5.25% bonds due Nov. 1, 2030.

U.S. Bank, NA is the trustee.


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