Fremont, Calif., school district to redeem $70.22 million G.O. bonds

By Tali David

Minneapolis, June 15 - Fremont Unified School District in Alameda County, Calif., plans to redeem $70,215,000 of its election of 2002 general obligation bonds, series A, according to a June 15 redemption notice.

The following bonds will be redeemed at 101 plus accrued interest on Aug. 1:

• $1 million of 4.2% bonds due Aug. 1, 2013;

• $1 million of 4.3% bonds due Aug. 1, 2014;

• $1 million of 4.5% bonds due Aug. 1, 2015;

• $1 million of 4.5% bonds due Aug. 1, 2016;

• $1 million of 4.625% bonds due Aug. 1, 2017;

• $2,135,000 of 5.375% bonds due Aug. 1, 2018;

• $2.25 million of 5.375% bonds due Aug. 1, 2019;

• $3,935,000 of 5% bonds due Aug. 1, 2020;

• $8 million of 5% bonds due Aug. 1, 2021;

• $8.85 million of 5% bonds due Aug. 1, 2022;

• $9.29 million of 5% bonds due Aug. 1, 2023;

• $20 million of 5% bonds due Aug. 1, 2025; and

• $10,755,000 of 5.5% bonds due Aug. 1, 2026.

Fremont previously announced the defeasance of the bonds on Feb. 9.

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

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