East Bay Municipal Utility, Calif., calls $12.36 million 2011A bonds

By Tali David

Minneapolis, May 2 - East Bay Municipal Utility District, Calif., called $1.68 million of its series 2011A revenue refunding bonds and $10.68 of its 2011A water refunding bonds, according to two redemption notices.

The bonds will be redeemed at par plus accrued interest on June 1.

East Bay will redeem $1.68 million of its revenue refunding bonds due June 1, 2038. Following the transaction, $62.57 million will remain outstanding.

The district will redeem $5.34 million of its water refunding bonds due June 1, 2025 and another $5.34 million of bonds, also due 2025. Following the transactions, $79,605,000 on each of the bonds will remain outstanding.

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

The district is based in Oakland, Calif.

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