San Diego authority calls $178.78 million in sewer revenue bonds

By Devika Patel

Knoxville, Tenn., March 30 - The San Diego Public Facilities Financing Authority said it plans to redeem $178.78 million of its sewer revenue bonds on May 15.

The affected bonds consist of the following:

• $43.85 million in 5% series 1995 bonds due May 15, 2025;

• $22.57 million in 5.25% series 1997A bonds due May 15, 2027;

• $8.26 million in 5.25% series 1997B bonds due May 15, 2027;

• $67.02 million in 5% series 1999A bonds due May 15, 2029; and

• $37.08 million in 5% series 1999B bonds due May 15, 2020.

The 1999A and 1999B bonds will be redeemed at 100.5 plus interest to the redemption date. The remaining bonds will be redeemed at par plus interest to May 15.

The Bank of New York Mellon is the trustee.

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