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Presentation - #21
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Presentation - #21
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2/10/2021 5:01:58 PM
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City Clerk
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2/2/2021
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Refinancing Options for Santa Ana1. Issue Bonds for 50% of Pension Liability•$350 Million Bonds with Hybrid – Level Debt Service •25‐Year Final Maturity•Target Longest Safety Bases2. Issue Bonds for 90% of Pension Liability •$642 Million Bonds with Hybrid – Level Debt Service •25‐Year Final Maturity•Misc. Base #14 & #16 remain outstanding
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