Metropolitan Water District, Calif., bonds commence new tender period

By Ashley Montgomery

Kansas City, Kan., March 8 - The Metropolitan Water District of Southern California remarketed its 2011 series A-1 and A-3 water revenue refunding bonds Thursday in connection with an index mode unscheduled mandatory tender, according to a notice.

The issuer also announced a new tender period for the bonds.

The previous tender period began June 2, 2011 and ended March 8. The new scheduled mandatory tender date is March 8, 2013.

Wells Fargo Bank, NA is the agent.

Metropolitan Water District is comprised of 26 cities and water districts and provides drinking water to residents of Los Angeles, Orange, San Diego, Riverside, San Bernardino and Ventura counties in southern California.

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