California Water Resources calls $79.8 million of power supply bonds

By Marisa Wong

Milwaukee, April 16 - The State of California Department of Water Resources gave notice that it will redeem a portion of its power supply revenue variable-rate demand bonds, series 2002 C-15, 2005 G-1 and 2005 G-2, on May 3.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

To be redeemed are $56.8 million of 2002 C-15 bonds due May 1, 2022, $16.8 million of 2005 G-1 bonds due May 1, 2011 and $6.2 million of 2005 G-2 bonds due May 1, 2011.

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