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Published on 8/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Irvine Ranch Water District, Calif., calls $368.75 million of bonds

By Marisa Wong

Madison, Wis., Aug. 1 - Irvine Ranch Water District of California said that it will redeem all $368.75 million of its outstanding 8.18% taxable refunding bonds, issue 2, on Sept. 15.

The bonds, which are due in the years 2012, 2013 and 2014, will be redeemed at par.

The water district provides drinking water, sewage collection and treatment, recycled water and urban runoff treatment to Central Orange County, Calif.


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