California Infrastructure's RAND Corp. bonds have mandatory tender

By Tali David

Minneapolis, Aug. 20 - The California Infrastructure and Economic Development Bank said its series 2008A and 2008B RAND Corp. revenue bonds are subject to a mandatory tender on Aug. 30.

The bonds will be purchased at par plus accrued interest to the tender date.

Wells Fargo Bank, NA is the trustee and tender agent.

California's general purpose financing authority is based in Sacramento.

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