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Published on 9/27/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

San Francisco Public Utilities calls 129.3 million water revenue bonds

By Tali David

Minneapolis, Sept. 27 - The Public Utilities Commission of the City and County of San Francisco called $105.15 million of its 2002A non-refunded water revenue bonds and $24.12 million of its 2002B refunding water revenue bonds in full, according to two redemption notices.

The following 2002A bonds will be redeemed at par plus accrued interest on Nov. 1:

• $3.98 million of 4% bonds due Nov. 1, 2013

• $4,625,000 of 5% bonds due Nov. 1, 2016;

• $4,865,000 of 5% bonds due Nov. 1, 2017;

• $5,115,000 of 5% bonds due Nov. 1, 2018;

• $5,375,000 of 5% bonds due Nov. 1, 2019;

• $5.65 million of 5% bonds due Nov. 1, 2020;

• $5.94 million of 5% bonds due Nov. 1, 2021;

• $7,255,000 of 5% bonds due Nov. 1, 2025;

• $7.63 million of 5% bonds due Nov. 1, 2026;

• $8.02 million of 5% bonds due Nov. 1, 2027; and

• $46,695,000 of 5% bonds due Nov. 1, 2032.

The following 2002B bonds will be redeemed at par plus accrued interest on Nov. 1:

• $7.64 million of 5% bonds due Nov. 1, 2013

• $8,035,000 of 5% bonds due Nov. 1, 2014; and

• $8,445,000 of 5% bonds due Nov. 1, 2015.

U.S. Bank NA is the agent.


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