California County Tobacco calls $410.06 million San Diego County bonds

By Tali David

Minneapolis, April 30 - The California County Tobacco Securitization Agency will redeem $410,055,000 of its San Diego County Tobacco Asset Securitization Corp. series 2001A and 2001B tobacco settlement asset-backed bonds, according to two redemption notices.

The following 2001A bonds will be redeemed at par plus accrued interest on June 1:

• $2,755,000 of 5% bonds due June 1, 2013;

• $2,895,000 of 5.1% bonds due June 1, 2014;

• $3.04 million of 5.125% bonds due June 1, 2015;

• $44,875,000 of 5.25% bonds due June 1, 2027;

• $124.89 million of 5.5% bonds due June 1, 2036; and

• $162,865,000 of 5.625% bonds due June 1, 2043.

The agency will also redeem $68,735,000 of 6% 2001B bonds due June 1, 2043 at par plus accrued interest on June 1.

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

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