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Published on 3/22/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

San Francisco Unified School District defeases $137.39 million bonds

By Ashley Montgomery

Kansas City, Kan., March 22 - San Francisco Unified School District said it defeased all of its outstanding 2004 series A and 2005 series B proposition A, election of 2003 general obligation bonds, according to a notice.

The bonds will be redeemed June 15.

The following series A bonds, totaling $39,865,000, are affected:

• $2.68 of bonds due June 15, 2013;

• $2.77 million of bonds due June 15, 2014;

• $2,865,000 of bonds due June 15, 2015;

• $2,965,000 of bonds due June 15, 2016;

• $3,085,000 of bonds due June 15, 2017;

• $3.21 million of bonds due June 15, 2018;

• $3,335,000 of bonds due June 15, 2019;

• $3.47 million of bonds due June 15, 2020;

• $3,615,00 of bonds due June 15, 2021;

• $3,765,000 of bonds due June 15, 2022;

• $3,955,000 of bonds due June 15, 2023; and

• $4.15 million of bonds due June 15, 2024.

The following series B bonds, totaling $97.52 million, are affected:

• $5,545,000 of bonds due June 15, 2013;

• $5,825,000 of bonds due June 15, 2014;

• $6,115,000 of bonds due June 15, 2015;

• $6.42 million of bonds due June 15, 2016;

• $6,675,000 of bonds due June 15, 2017;

• $7.01 million of bonds due June 15, 2018;

• $7.36 million of bonds due June 15, 2019;

• $7.73 million of bonds due June 15, 2020;

• $8,115,000 of bonds due June 15, 2021;

• $8.52 million of bonds due June 15, 2022;

• $8,945,000 of bonds due June 15, 2023;

• $9,395,000 of bonds due June 15, 2024; and

• $9,865,000 of bonds due June 15, 2025.

The treasurer-tax collector of the city and county of San Francisco is the agent.


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