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Published on 10/31/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California County Tobacco calls $400,000 of Kern County tobacco bonds

By Tali David

Minneapolis, Oct. 31 - California County Tobacco Securitization Agency announced that it will redeem all $400,000 of its Kern County Tobacco Funding Corp. series 2002B tax-exempt tobacco settlement asset-backed bonds.

The bonds will be redeemed on Dec. 1 at par plus accrued interest.

The agency is based in Sacramento, Calif.


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