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

Hesperia School District, Calif., rescinds $48.55 million COP call

By Tali David

Minneapolis, Aug. 23 - Hesperia Unified School District, Calif., rescinded its call for $48.55 million of series 2014 certificates of participation, according to a notice.

The following bonds were to be redeemed at par plus accrued interest on Sept. 4:

• $5.55 million of bonds due Feb. 1, 2018;

• $14.8 million of bonds due Feb. 1, 2028; and

• $28.2 million of bonds due Feb. 1, 2038.

U.S. Bank NA is the agent.


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