Los Angeles to redeem $280.86 million of 2008 wastewater system bonds

By Tali David

Minneapolis, Dec. 24 - The City of Los Angeles plans to redeem $280.86 million of its series 2008 variable-rate refunding wastewater system subordinate revenue bonds, according to a notice.

The following bonds will be redeemed at par plus accrued interest on Jan. 2:

• $40,645,000 of 2008-A bonds due June 1, 2028;

• $33.49 million of 2008-B bonds due June 1, 2028;

• $23.92 million of 2008-C bonds due June 1, 2028;

• $15.31 million of 2008-D bonds due June 1, 2028;

• $4,835,000 of 2008-E bonds due June 1, 2028;

• $32,885,000 of 2008-F-1 bonds due June 1, 2028;

• $57,115,000 of 2008-F-2 bonds due June 1, 2032;

• $36.33 million of 2008-G bonds due June 1, 2032; and

• $36.33 million of 2008-H bonds due June 1, 2032.

U.S. Bank NA is the escrow agent.

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