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Published on 8/30/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

San Francisco calls $123.32 million San Bruno Jail 3 Replacement COPs

By Marisa Wong

Madison, Wis., Aug. 30 - The City and County of San Francisco said it will redeem $123.315 million of its San Bruno Jail 3 Replacement Project certificates of participation on Sept. 30.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

To be redeemed are the following bonds:

• $2.685 million of 4.4% bonds due Oct. 1, 2010;

• $2.81 million of 4.5% bonds due Oct. 1, 2011;

• $2.94 million of 4.625% bonds due Oct. 1, 2012;

• $3.09 million of 5.25% bonds due Oct. 1, 2013;

• $3.255 million of 5.25% bonds due Oct. 1, 2014;

• $3.43 million of 5.25% bonds due Oct. 1, 2015;

• $3.61 million of 5% bonds due Oct. 1, 2016;

• $3.8 million of 5.125% bonds due Oct. 1, 2017;

• $4 million of 5.25% bonds due Oct. 1, 2018;

• $4.215 million of 5.25% bonds due Oct. 1, 2019;

• $4.445 million of 5.25% bonds due Oct. 1, 2020;

• $4.685 million of 5.25% bonds due Oct. 1, 2021;

• $27.48 million of 5.25% bonds due Oct. 1, 2026; and

• $52.87 million of 5.25% bonds due Oct. 1, 2033.

Wells Fargo Bank, NA is the agent.


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