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Published on 4/6/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Utah Water to redeem two series of program revenue bonds in full

By Marisa Wong

Madison, Wis., April 6 - The Utah Water Finance Agency said it will redeem its outstanding program revenue bonds, series B-3 and B-5, in full on May 6.

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

To be redeemed are $74.8 million of B-3 bonds due July 1, 2036 and $28.7 million of B-5 bonds due July 1, 2032.

Zions First National Bank is the trustee.


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