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Published on 6/25/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

San Diego calls $211.43 million public facilities water revenue bonds

By Ashley Montgomery

Kansas City, Kan. June 25 - The City of San Diego will redeem $211.43 million public facilities financing authority subordinated water revenue bonds, according to a news release.

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

The following bonds are affected:

• $575,000 3.4% bonds due Aug. 1, 2013;

• $16.68 million 5% bonds due Aug. 1, 2013;

• $1,625,000 3.5% bonds due Aug. 1, 2014;

• $16,495,000 5% bonds due Aug. 1, 2014;

• $1,625,000 3.7% bonds due Aug. 1, 2015;

• $17.02 million 5% bonds due Aug. 1, 2015;

• $1.05 million 3.8% bonds due Aug. 1, 2016;

• $5,005,000 5% bonds due Aug. 1, 2016;

• $1 million 3.9% bonds due Aug. 1, 2017;

• $5,255,000 5% bonds due Aug. 1, 2017;

• $1,405,000 4% bonds due Aug. 1, 2018;

• $5,265,000 5% bonds due Aug. 1, 2018;

• $7 million 5% bonds due Aug. 1, 2019;

• $100,000 4.2% bonds due Aug. 1, 2020;

• $7.26 million 5% bonds due Aug. 1, 2020;

• $850,000 4.25% bonds due Aug. 1, 2021;

• $6,885,000 5% bonds due Aug. 1, 2021;

• $50,000 4.3% bonds due Aug. 1, 2022;

• $8.08 million 5% bonds due Aug. 1, 2022;

• $8,485,000 5% bonds due Aug. 1, 2023;

• $8.91 million 5% bonds due Aug. 1, 2024;

• $290,000 4.5% bonds due Aug. 1, 2026;

• $19.21 million 5% bonds due Aug. 1, 2026; and

• $71.21 million 5% bonds due Aug. 1, 2032.

Each Cusip has been called in full.

Wells Fargo Bank, NA is the agent.


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