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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 12/7/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Southern California defeases $61.13 million of Magnolia Power bonds

By Tali David

Minneapolis, Dec. 7 - Southern California Public Power Authority announced that it has partially defeased its Magnolia Power Project A revenue bonds, 2003-1, according to a press release.

The authority will redeem $61.13 million of its bonds, due 2014 to 2022, at par plus interest on July 1, 2013.

The U.S. Bank NA is the trustee.


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