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Published on 7/15/2009 in the Prospect News Municipals Daily.

San Diego authority redeems $160.22 million series 1993 sewer bonds

By Angela McDaniels

Tacoma, Wash., July 15 - The Public Facilities Financing Authority of the City of San Diego in California redeemed $160.22 million of its series 1993 sewer revenue bonds on July 14, according to a notice from the authority.

The notes redeemed were the authority's $8.115 million of 4.9% notes due May 15, 2010, $26.83 million of 5% notes due May 15, 2013, $80.84 million of 5.25% notes due May 15, 2020 and $44.435 million of 5% notes due May 15, 2023.

Noteholders received par plus accrued interest.


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