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Published on 8/30/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Sacramento City Financing to redeem $110.72 million 1998 series A bonds

By Tali David

Minneapolis, Aug. 30 - The Sacramento City Financing Authority will redeem $110.72 million of its 1998 series A lease revenue bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Oct. 1:

• $8,775,000 of 5% bonds due May 1, 2014;

• $9,215,000 of 5.25% bonds due May 1, 2015;

• $9.7 million of 5.25% bonds due May 1, 2016;

• $10.21 million of 4.75% bonds due May 1, 2017;

• $21.95 million of 5.25% bonds due May 1, 2019; and

• $50.87 million of 4.75% bonds due May 1, 2023.

The Treasurer of the State of California is the escrow agent.


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