Sacramento Municipal Utility calls $15.95 million of electric bonds

By Ashley Montgomery

Kansas City, Kan., July 17 - Sacramento Municipal Utility District, Calif., will redeem $15,945,000 of its series 2002Q subordinated electric revenue refunding bonds, according to a notice.

The bonds will be redeemed Aug. 15 at par, plus accrued interest to the redemption date.

The following bonds are affected:

• $20,000 of 4% bonds due Aug. 15, 2014;

• $20,000 of 4.125% bonds due Aug. 15, 2015;

• $20,000 of 4.25% bonds due Aug. 15, 2016;

• $1.09 million of 5.25% bonds due Aug. 15, 2017;

• $1,145,000 of 5.25% bonds due Aug. 15, 2018;

• $1.2 million of 5.25% bonds due Aug. 15, 2019;

• $1.26 million of 5.25% bonds due Aug. 15, 2020;

• $1.33 million of 5.25% bonds due Aug. 15, 2021;

• $1,395,000 of 5.25% bonds due Aug. 15, 2022; and

• $8,465,000 of 5% bonds due Aug. 15, 2028.

U.S. Bank, NA is the trustee.

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