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Published on 12/21/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

East Bay Municipal Utility, Calif., 2011A wastewater system bonds have mandatory tender

By Ashley Montgomery

Kansas City, Kan., Dec. 21 - East Bay Municipal Utility District said that its series 2011A wastewater system revenue refunding bonds are subject to mandatory tender for purchase on Feb. 1 at par.

The mandatory tender will be triggered by conversion of the bonds' current Sifma-based term interest rate to a new Sifma-based term interest rate, effective Feb. 1.

The Bank of New York Mellon Trust Co., NA is the trustee.

The Oakland, Calif.-based public water agency serves Alameda County and part of Contra Costa County in California.


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