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Published on 2/3/2016 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California Statewide Communities calls $700 million in revenue bonds

By Tanya Meyer

Chicago, Feb. 3 – California Statewide Communities Development Authority will call $700 million in series 2006B Kaiser Permanente revenue bonds originally issued on June 8, 2006, according to a news release.

The $300 million 5% bonds due March 1, 2041 will be redeemed at par plus accrued interest up to but excluding the redemption date.

The $400 million 5.25% bonds due March 1, 2045 will also be redeemed at par plus accrued interest up to but excluding the redemption date.

Wells Fargo Bank, NA is the trustee.


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