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Published on 7/17/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Los Angeles County Sanitation defeases $167.63 million of 2005B bonds

By Wendy Van Sickle

Columbus, Ohio, July 17 – The Los Angeles County Sanitation Districts Financing Authority defeased $167,625,000 of its capital projects District No. 14 subordinate revenue bonds, series 2005B, according to a notice.

The following bonds will be redeemed on Oct. 15 at par plus accrued interest:

• $2.98 million of bonds due Oct. 1, 2015;

• $3,105,000 of bonds due Oct. 1, 2016;

• $3.23 million of bonds due Oct. 1, 2017;

• $3.38 million of bonds due Oct. 1, 2018;

• $3,555,000 of bonds due Oct. 1, 2019;

• $3.74 million of bonds due Oct. 1, 2020;

• $3.93 million of bonds due Oct. 1, 2021;

• $4.13 million of bonds due Oct. 1, 2022;

• $4.34 million of bonds due Oct. 1, 2023;

• $5,045,000 of bonds due Oct. 1, 2024;

• $5,305,000 of bonds due Oct. 1, 2025;

• $5,575,000 of bonds due Oct. 1, 2026;

• $7.1 million of bonds due Oct. 1, 2027;

• $8.39 million of bonds due Oct. 1, 2028;

• $11.46 million of bonds due Oct. 1, 2029;

• $12.05 million of bonds due Oct. 1, 2030;

• $61.32 million of bonds due Oct. 1, 2034; and

• $18.99 million of bonds due Oct. 1, 2035.

Bank of New York Mellon Trust Co., NA is the trustee.


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