Sacramento Cogeneration Authority, Calif., calls $67.84 million Procter & Gamble project bonds

By Jennifer Chiou

New York, Aug. 19 - The Sacramento Cogeneration Authority announced the full redemption of $67.84 million of its series 1998 cogeneration project revenue refunding bonds issued for the Procter & Gamble project.

The notes will be redeemed at 100.5 plus accrued interest on Sept. 18.

Affected notes include the:

• $4.73 million of 5.25% bonds due July 1, 2011;

• $4.935 million of 5.25% bonds due July 1, 2012;

• $5.225 million of 5.25% bonds due July 1, 2013;

• $5.5 million of 5.25% bonds due July 1, 2014;

• $5.755 million of 5.25% bonds due July 1, 2015;

• $6.095 million of 5% bonds due July 1, 2016;

• $6.395 million of 5% bonds due July 1, 2017;

• $6.77 million of 5% bonds due July 1, 2018; and

• $22.435 million of 5.2% bonds due July 1, 2021.

The Bank of New York Mellon is the trustee (800 254-2826).

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