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Published on 10/6/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Metropolitan Water District of Southern California bonds have new tender period

By Marisa Wong

Madison, Wis., Oct. 6 - Metropolitan Water District of Southern California said that it remarketed its 2009 series A-1 water revenue refunding bonds Thursday in connection with an index mode unscheduled mandatory tender. The issuer also announced a new tender period for the bonds.

The previous tender period for the bonds that began on Jan. 6, 2011 ended on Oct. 6.

The new scheduled mandatory tender date is Oct. 8, 2012.

Wells Fargo Bank, NA is the agent.

Metropolitan Water District is comprised of 26 cities and water districts and provides drinking water to residents of Los Angeles, Orange, San Diego, Riverside, San Bernardino and Ventura counties in southern California.


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