Lower Colorado River Authority defeases portion of two bond series

By Marisa Wong

Madison, Wis., Dec. 6 - The Lower Colorado River Authority said it defeased and will redeem portions of its refunding and improvement revenue bonds, series 2001A and 2004.

Affected are $26.77 million of 2001A bonds maturing in the years 2012 through 2021 and 2026 and $53.9 million of 2004 bonds maturing in the years 2012 through 2022 and 2024.

The bonds were defeased on Nov. 22. The defeased bonds will be redeemed on May 15.

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

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