Los Angeles MTA's 2008-A1 sales tax revenue bonds have mandatory tender

By Tali Rackner

Norfolk, Va., July 8 – The Los Angeles County Metropolitan Transportation Authority said that all $61,675,000 of its outstanding series 2008-A1 proposition A first tier senior sales tax revenue refunding bonds are subject to mandatory purchase on July 28.

The bonds, which are due July 1, 2031, will be purchased at par plus accrued interest to the purchase date.

The Bank of New York Mellon Trust Co., NA is the trustee and tender agent.

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