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Published on 4/30/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Los Angeles calls portion of 2008 wastewater system revenue bonds

By Marisa Wong

Milwaukee, April 30 - The City of Los Angeles plans to redeem a portion of its variable-rate wastewater system subordinate refunding revenue bonds, series 2008B, 2008C, 2008D and 2008F-1.

The bonds will be redeemed on June 1 at par, plus accrued interest up to the redemption date.

Affected are the following bonds:

• $300,000 of 2008A bonds due June 1, 2028;

• $245,000 of 2008B bonds due June 1, 2028;

• $170,000 of 2008C bonds due June 1, 2028;

• $110,000 of 2008D bonds due June 1, 2028; and

• $240,000 of 2008F-1 bonds due June 1, 2028.


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