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Published on 2/20/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

San Ramon Valley, Calif., defeases $52.28 million of series 2006 G.O.s

By Tali David

Minneapolis, Feb. 20 - The San Ramon Valley Unified School District, Calif., plans to redeem $52.28 million of its series 2006 general obligation bonds election of 2002, according to a notice.

The following 5% bonds will be redeemed at par on Aug. 1, 2016:

• $3.5 million of bonds due Aug. 1, 2017;

• $19,215,000 of bonds due Aug. 1, 2025;

• $14.77 million of bonds due Aug. 1, 2028; and

• $14,795,000 of bonds due Aug. 1, 2031.

The Bank of New York Mellon Trust Co., NA is the escrow bank.


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