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Published on 9/28/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California public works defeases $114 million UCLA Replacement bonds

By Ashley Montgomery

Kansas City, Kan., Sept. 28 - The State Public Works Board of the State of California has defeased its series 2002 A UCLA Replacement Hospitals lease revenue bonds, according to a notice.

The following bonds will be redeemed at maturity on Oct. 1, 2012:

$6,615,000 of 4.1% bonds; and

$1,375,000 of 5% bonds.

The following bond will be redeemed prior to maturity on Nov. 1 at par plus accrued interest:

$500,000 of 4.125% bonds due Oct. 1, 2013;

$7.83 million of 5.375% bonds due Oct. 1, 2013;

$480,000 of 4.25% bonds due Oct. 1, 2014;

$8.29 million of 5.375% bonds due Oct. 1, 2014;

$185,000 of 4.3% bonds due Oct. 1, 2015;

$9.05 million of 5.375% bonds due Oct. 1, 2015;

$100,000 of 4.4% bonds due Oct. 1, 2016;

$9.63 million of 5.375% bonds due Oct. 1, 2016;

$1.05 million of 4.5% bonds due Oct. 1, 2017;

$9.2 million of 5.375% bonds due Oct. 1, 2017;

$225,000 of 4.625% bonds due Oct. 1, 2018;

$10.57 million of 5.375% bonds due Oct. 1, 2018;

$11,375,000 of 5.375% bonds due Oct. 1, 2019;

$11,985,000 of 5.375% bonds due Oct. 1, 2020; and

$25.89 million of 5% bonds due Oct. 1, 2022.


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