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Published on 5/25/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Metropolitan Water District of Southern California calls $200 million of 2001C revenue bonds

By Marisa Wong

Madison, Wis., May 25 - The Metropolitan Water District of Southern California said it will redeem its $200 million of outstanding water revenue bonds, 2001 series C-1 and 2001 series C-2, in full on June 2.

The bonds, which are due July 1, 2036, will be redeemed at par plus accrued interest to the redemption date.

The Bank of New York Mellon Trust Co., 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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