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Published on 7/8/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Metropolitan Water District of Southern California series 2009A-2 bonds have new tender period

By Marisa Wong

Madison, Wis., July 8 - The Metropolitan Water District of Southern California announced that a new tender period for its 2009 series A-2 water revenue refunding bonds began on July 8.

The issuer previously announced that the bonds were subject to mandatory tender for purchase on July 8. On Friday, the bonds were remarketed, and the tender period that began on Oct. 8, 2010 ended.

The new scheduled mandatory tender date is July 9, 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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