Murrieta Valley, Calif., school district's COPs have mandatory tender

By Marisa Wong

Madison, Wis., Aug. 12 - The Murrieta Valley Unified School District of California said that its $56 million of 2009 school facility bridge funding program certificates of participation are subject to mandatory purchase at par on Sept. 1.

The mandatory purchase is due to conversion of the certificates to a fixed-rate mode from the weekly rate mode.

U.S. Bank NA is the trustee.

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