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Published on 9/6/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Metropolitan Water District of Southern California calls 2003 series B-1, B-2 G.O. bonds

By Tali David

Minneapolis, Sept. 6 - The Metropolitan Water District of Southern California plans to redeem its water revenue bonds, 2003 authorization series B-1 and B-2, according to two notices.

The following 2003 authorization series B-1 bonds will be redeemed at par plus accrued interest on Oct. 15:

• $1,545,000 of bonds due Oct. 1, 2029;

• $1,685,000 of bonds due Oct. 1, 2030;

• $500,000 of bonds due Oct. 1, 2032;

• $4.57 million of bonds due Oct. 1, 2036;

• $10,025,000 of bonds due Oct. 1, 2029;

• $10.24 million of bonds due Oct. 1, 2030;

• $12,335,000 of bonds due Oct. 1, 2031;

• $12.3 million of bonds due Oct. 1, 2032;

• $13,435,000 of bonds due Oct. 1, 2033;

• $13.97 million of bonds due Oct. 1, 2034;

• $14.4 million of bonds due Oct. 1, 2035; and

• $10,575,000 of bonds due Oct. 1, 2036.

The following 2003 authorization series B-2 bonds will be redeemed at par plus accrued interest on Oct. 15:

• $12.82 million of bonds due Oct. 1, 2023;

• $14,085,000 of bonds due Oct. 1, 2024;

• $9,495,000 of bonds due Oct. 1, 2025;

• $27,975,000 of bonds due Oct. 1, 2026; and

• $30,045,000 of bonds due Oct. 1, 2027.

The Bank of New York Mellon Trust Co., NA, Los Angeles, is the escrow agent.


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