Los Angeles County Public Works defeases some 2005, 2006 lease bonds

By Wendy Van Sickle

Columbus, Ohio, Sept. 24 – The Los Angeles County Public Works Financing Authority defeased several lease revenue refunding bonds for the 2005 and 2006 master refunding projects, series A and B, according to two notices.

The following series A bonds will be redeemed Dec. 1 at par plus accrued interest:

• $2,525,000 of bonds due Dec. 1, 2015;

• $2.1 million of bonds due Dec. 1, 2015;

• $18.36 million of bonds due Dec. 1, 2015;

• $3,385,000 of bonds due Dec. 1, 2016;

• $9.36 million of bonds due Dec. 1, 2016;

• $5.31 million of bonds due Dec. 1, 2017;

• $5.58 million of bonds due Dec. 1, 2018;

• $5.86 million of bonds due Dec. 1, 2019;

• $6,115,000 of bonds due Dec. 1, 2020;

• $6.46 million of bonds due Dec. 1, 2021;

• $6.79 million of bonds due Dec. 1, 2022;

• $7.13 million of bonds due Dec. 1, 2023;

• $7,485,000 of bonds due Dec. 1, 2024;

• $7,865,000 of bonds due Dec. 1, 2025;

• $8.26 million of bonds due Dec. 1, 2026;

• $8.67 million of bonds due Dec. 1, 2027;

• $9,115,000 of bonds due Dec. 1, 2028; and

• $14.35 million of bonds due Dec. 1, 2031.

The following series B bonds were redeemed Sept. 1 at par plus accrued interest:

• $2,925,000 of bonds due Sept. 1, 2016;

• $3,055,000 of bonds due Sept. 1, 2017;

• $3,215,000 of bonds due Sept. 1, 2018;

• $3,375,000 of bonds due Sept. 1, 2019;

• $3,545,000 of bonds due Sept. 1, 2020;

• $3.72 million of bonds due Sept. 1, 2021;

• $3,895,000 of bonds due Sept. 1, 2022;

• $4,095,000 of bonds due Sept. 1, 2023;

• $4,305,000 of bonds due Sept. 1, 2024;

• $4,525,000 of bonds due Sept. 1, 2025;

• $4,755,000 of bonds due Sept. 1, 2026;

• $27.7 million of bonds due Sept. 1, 2031; and

• $13.17 million of bonds due Sept. 1, 2033.

U.S. Bank NA is the trustee.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.