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Published on 6/20/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

San Diego Convention Center authority defeases $150.72 million bonds

By Ashley Montgomery

Kansas City, Kan., June 20 - The Convention Center Expansion Financing Authority of San Diego has defeased all of its $150.72 million series 1998A lease revenue bonds due April 1, 2013 through 2018 and 2028, according to a notice.

The bonds will be redeemed July 20 at par plus accrued interest.

The following bonds are affected:

• $6.38 million of bonds due April 15, 2013;

• $6,715,000 of bonds due April 15, 2014;

• $7.07 million of bonds due April 15, 2015;

• $7.44 million of bonds due April 15, 2016;

• $7.83 million of bonds due April 15, 2017;

• $8.21 million of bonds due April 15, 2018; and

• $107,075,000 of bonds due April 15, 2028.

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


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