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Published on 12/13/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Metro Water, Calif.'s 2011 series A-1, A-3 bonds have mandatory tender

By Tali David

Minneapolis, Dec. 13 - The Metropolitan Water District of Southern California said its 2011 series A-1 and A-3 Sifma index mode water revenue refunding bonds are subject to mandatory tender, according to a notice.

The district will purchase $64.44 million of A-1 bonds and $64,435,000 of A-3 bonds, both of which mature on July 1, 2036, at par on Dec. 20.

Wells Fargo Bank, NA is the paying agent.


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