California water resources department defeases some power supply bonds

By Marisa Wong

Madison, Wis., Sept. 1 - The State of California Department of Water Resources said it defeased some of its series 2002A power supply revenue bonds on Aug. 31.

The defeasance included the following bonds:

• $9.365 million of 4.6% bonds due May 1, 2013;

• $24.055 million of 4% bonds due May 1, 2013;

• $25.18 million of 5% bonds due May 1, 2013; and

• $100 million of 5.5% bonds due May 1, 2013.

The defeased bonds will be redeemed on May 1, 2012 at 101.

The Treasurer of the State of California is the trustee and agent, and U.S. Bank, NA is the co-trustee.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.