California calls $12.58 million of 5% G.O. bonds due 2026

By Ashley Montgomery

Kansas City, Kan., April 10 - The State of California will redeem $12,575,000 of its 5% general obligation bonds due Feb. 1, 2026, according to a notice.

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

The bonds are guaranteed by Ambac Insurance Corp.

Bank of New York Mellon is the 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.