California Pollution Control 2010 revenue bonds have mandatory tender

By Marisa Wong

Madison, Wis., July 18 - California Pollution Control Financing Authority gave notice that its $144.205 million series 2010A (AMT) and $20.655 million series 2010B (non-AMT) solid waste refunding revenue bonds are subject to mandatory tender for purchase on Aug. 1.

The bonds will be purchased at par plus accrued interest to the purchase date.

The mandatory tender is due to the conversion of the bonds to a new term interest rate period beginning Aug. 1 and ending Oct. 31.

The Bank of New York Mellon Trust Co., NA is the trustee and tender agent.

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