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Published on 8/18/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California water department calls $947.6 million power supply bonds

By Melissa Kory

Cleveland, Aug. 18 - The State of California Department of Water Resources said it will redeem its $25 million of series 2002B-6 and $922.6 million of series 2002C power supply revenue bonds due May 1, 2022.

The bonds will be redeemed on Sept. 1 at par plus accrued interest to the redemption date.

U.S. Bank, NA is the redemption agent.


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