Riverside, Calif., calls parts of three series electric revenue bonds

By Marisa Wong

Madison, Wis., Aug. 24 - City of Riverside, Calif., said it will redeem portions of its electric revenue bonds, issue 2001, and variable-rate refunding electric revenue bonds, issues 2008C and 2011A, on Oct. 1.

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

The 2001 bonds will be redeemed at 101 and include the following:

• $3.855 million of 5% bonds due Oct. 1, 2012;

• $4.06 million of 5.25% bonds due Oct. 1, 2013;

• $4.28 million of 5.25% bonds due Oct. 1, 2014;

• $4.51 million of 5.25% bonds due Oct. 1, 2015; and

• $4.75 million of 5.25% bonds due Oct. 1, 2016.

The 2008C and 2011A bonds will be redeemed at par and include $1.325 million of 2008C bonds due Oct. 1, 2035 and $1.325 million of 2011A bonds due Oct. 1, 2035.

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