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Published on 5/3/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

East Bay Utility, Calif., calls $27.85 million water system bonds

By Marisa Wong

Milwaukee, May 3 - The East Bay Municipal Utility District of California will redeem $27.845 million of its water system subordinated revenue refunding bonds on June 1.

The bonds will be redeemed at par, along with accrued interest, up to the redemption date.

Affected are the following bonds:

• $10.01 million of $105.6 million of 2002A bonds due 2025;

• $10.01 million of $105.6 million of 2002B bonds due 2025;

• $430,000 of $98.45 million of 2008A-1 bonds due 2038;

• $315,000 of $73.825 million of 2008A-2 bonds due 2038;

• $315,000 of $73.825 million of 2008A-3 bonds due 2038;

• $315,000 of $73.825 million of 2008A-4 bonds due 2038;

• $825,000 of $34.25 million of 2008B-1 bonds due 2026;

• $825,000 of $34.25 million of 2008B-2 bonds due 2026;

• $300,000 of $59.425 million of 2008B-3 bonds due 2026;

• $2.04 million of $60.65 million of 2008C bonds due 2027; and

• $2.46 million of $163.03 million of 2009A-1 bonds due 2026.


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