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Published on 6/4/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Arizona State University to redeem portions of various bonds on July 1

By Tali David

Minneapolis, June 4 - Arizona State University called portions of its bonds, according to multiple redemption notices.

The following bonds will be redeemed on July 1.

• $65,385,000 of series 2002 certificates of participation due July 1, 2014 through 2036;

• $63,835,000 of series 2002 system revenue bonds due July 1, 2013 through 2027;

• $54,355,000 of series 2002 system revenue refunding bonds due July 1, 2013 through 2019;

• $1,205,000 of series 2008A variable-rate demand system revenue refunding bonds due July 1, 2034; and

• $1.2 million of series 2008B variable-rate demand system revenue refunding bonds due July 1, 2034.

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


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