California Pollution Control revenue bonds have mandatory tender

By Ashley Montgomery

Kansas City, Kan., July 17 - California Pollution Control Financing Authority announced a mandatory tender for purchase of all $164.86 million of its solid waste refunding revenue bonds. The bonds were issued for Republic Services, Inc. Project.

Affected are $144,205,000 of 0.65% series 20120A AMT bonds due Aug. 1, 2023 and $20,655,000 of 0.45% series 2010B bonds due Aug. 1, 2024.

The bonds will be purchased at par plus accrued interest to Aug. 1.

The authority said the tender is connected to the conversion of the bonds on Aug. 1 to a new term interest rate period ending July 31, 2012.

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

Republic Services is a Phoenix-based company that provides recycling and solid waste collection and transfer and disposal services in the United States and Puerto Rico.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.