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Los Angeles Water and Power's 2001B bonds have mandatory tender
By Tali David
Minneapolis, Jan. 20 - The Department of Water and Power of the City of Los Angeles issued a notice of mandatory tender for purchase on its 2001 series B water system variable-rate demand revenue bonds, according to a press release.
The department will purchase $87.5 million of subseries B-1 bonds, $87.5 million of subseries B-2 bonds and $50 million of subseries B-3 bonds on Feb. 3.
U.S. Bank NA is the paying agent.
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