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Published on 2/3/2016 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

San Mateo Joint Powers, Calif. calls $120.80 million series 2008A bonds

By Tanya Meyer

Chicago, Jan. 29 – San Mateo County Joint Powers Financing Authority of California has defeased and plans to redeem $120,795,000 of its series 2008A refunding lease revenue bonds for the Youth Services Campus, according to a notice.

The following bonds, originally issued on Sept. 16, 2008, will be redeemed on July 15, 2018 plus accrued interest up to the redemption date:

• $3,405,000 of 4% bonds due July 15, 2016;

• $3,545,000 of 4% bonds due July 15, 2017;

• $3,690,000 of 4% bonds due July 15, 2018;

• $3,860,000 of 5% bonds due July 15, 2019;

• $4,060,000 of 5% bonds due July 15, 2020;

• $4,270,000 million of 5% bonds due July 15, 2021;

• $4,485,000 million of 5% bonds due July 15, 2022;

• $4,715,000 of 5% bonds due July 15, 2023;

• $4,960,000 of 5% bonds due July 15, 2024;

• $5,205,000 of 4.625% bonds due July 15, 2025;

• $17,295,000 of 5.25% bonds due July 15, 2028;

• $35,405,000 of 5% bonds due July 15, 2033; and

• $25,900,000 of 5% bonds due July 15, 2036;

U.S. Bank, NA is the trustee.


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