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California calls $27.68 million Department of Corrections bonds
By Tali David
Minneapolis, May 1 - The State Public Works Board of the State of California plans to redeem $27,675,000 of its series 1993 Department of Corrections lease revenue bonds issued for the California State Prison, according to two notices.
The board will redeem $17,645,000 of 1993 series D 5.25% bonds issued for the Lassen County, Susanville prison and $10.03 million of 1993 series E 5.5% bonds issued for the Madera County (II) prison, both of which are due June 1, 2015.
The bonds will be redeemed at par plus accrued interest on June 1.
The treasurer of the state of California is the trustee.
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