Los Angeles County Capital's lease revenue notes have mandatory tender

By Tali Rackner

Minneapolis, Jan. 31 - The Los Angeles County Capital Asset Leasing Corp. said its series A tax-exempt governmental lease revenue obligation commercial paper notes are subject to mandatory tender, according to two notices.

The company will purchase $20 million of its notes due March 12, 2014 and $58 million of its notes, also due March 12, 2014, at par plus accrued interest on Feb. 3.

U.S. Bank NA is the servicing agent for Deutsche Bank National Trust Co., trustee and paying agent.

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