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Published on 7/9/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Chino Basin, Calif., to redeem $51.75 million 1994 sewer system bonds

By Marisa Wong

Madison, Wis., July 9 - The Chino Basin Regional Financing Authority in California said it will redeem a total of $51.75 million of its outstanding Chino Basin Municipal Water District Sewer System Project series 1994 revenue bonds on Aug. 9.

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

To be redeemed are $32 million of 0% bonds due Aug. 1, 2022 and $19.75 million of 6% bonds due Aug. 1, 2016.

U.S. Bank NA is the agent.


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