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

By Tali Rackner

Norfolk, Va., March 31 - The Los Angeles County Capital Asset Leasing Corp. said its $78 million of series A tax-exempt governmental lease revenue obligation commercial paper notes are subject to mandatory tender, according to a notice.

The bonds will be purchased at par plus accrued interest on April 2.

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

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