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Published on 8/23/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California State University calls $311.39 million of revenue bonds

By Ashley Montgomery

Kansas City, Kan., Aug. 23 - California State University has defeased portions of its series 2002A, 2003A and 2004A systemwide revenue bonds, according to a notice.

The following refunded bonds will be redeemed on Nov. 1:

• $225,000 of 5% bonds due Nov. 1, 2013;

• $235,000 of 5.375% bonds due Nov. 1, 2014;

• $260,000 of 5.5% bonds due Nov. 1, 2015;

• $265,000 of 5.5% bonds due Nov. 1, 2016;

• $285,000 of 4.8% bonds due Nov. 1, 2017;

• $305,000 of 5.375% bonds due Nov. 1, 2018;

• $320,000 of 5% bonds due Nov. 1, 2019;

• $335,000 of 5% bonds due Nov. 1, 2020;

• $355,000 of 5% bonds due Nov. 1, 2021;

• $125,000 of 5% bonds due Nov. 1, 2022; and

• $49.29 million of 5% bonds due Nov. 1, 2033.

The following refunded bonds will be redeemed on May 1, 2013:

• $27,295,000 of 5% bonds due Nov. 1, 2026;

• $11,065,000 of 4.75% bonds due Nov. 1, 2027;

• $52,105,000 of 5% bonds due Nov. 1, 2030;

• $35 million of 5% bonds due Nov. 1, 2032; and

• $53.6 million of 5% bonds due Nov. 1, 2035.

The following refunded bonds will be redeemed on May 1, 2014:

• $2.76 million of 3.5% bonds due Nov. 1, 2014;

• $2,875,000 of 5% bonds due Nov. 1, 2015;

• $3.03 million of 5% bonds due Nov. 1, 2016;

• $3,175,000 of 4.75% bonds due Nov. 1, 2017;

• $3.33 million of 5% bonds due Nov. 1, 2018;

• $3.51 million of 5.25% bonds due Nov. 1, 2019;

• $3.69 million of 5.25% bonds due Nov. 1, 2020;

• $3,885,000 of 4.75% bonds due Nov. 1, 2021;

• $4.08 million of 4.75% bonds due Nov. 1, 2022;

• $4.28 million of 4.75% bonds due Nov. 1, 2023;

• $4.48 million of 4.75% bonds due Nov. 1, 2024;

• $4.7 million of 4.75% bonds due Nov. 1, 2025;

• $4,935,000 of 4.75% bonds due Nov. 1, 2026;

• $16,335,000 of 5% bonds due Nov. 1, 2029;

• $1.14 million of 4.5% bonds due Nov. 1, 2034; and

• $14,115,000 of 5% bonds due Nov. 1, 2034.

The Office of the Treasurer of the State of California is the agent.


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