Southern California Public Power defeases 2008B transmission bonds

By Tali Rackner

Norfolk, Va., March 27 – The Southern California Public Power Authority defeased $125,005,000 of its 2008 subordinate series B transmission project revenue bonds, according to a notice.

The following will be redeemed at par plus accrued interest on July 1, 2018:

• $18,465,000 of 5.75% bonds due June 1, 2024;

• $40,425,000 of 6% bonds due June 1, 2025; and

• $66,115,000 of 6% bonds due June 1, 2027.

U.S. Bank NA is the trustee.

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