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Published on 6/4/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Los Angeles department of water and power calls series 2003 A bonds

By Ashley Montgomery

Kansas City, Kan., June 4 - The Department of Water and Power of the City of Los Angeles will redeem all of its series 2003 A water system revenue bonds, according to a notice.

The bonds will be redeemed July 1 at par, plus accrued interest to the redemption date.

The following bonds are affected:

$6.13 million 4.75% bonds due July 1, 2033;

$20.23 million 5% bonds due July 1, 2036;

$44,155,000 5% bonds due July 1, 2038;

$49.59 million 5.125% bonds due July 1, 2040; and

$179,895,000 of 5% bonds due July 1, 2043.

U.S. Bank, NA is the agent.


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