Merced Irrigation, Calif., calls all 2005 electric bonds, certificates

By Wendy Van Sickle

Columbus, Ohio, July 22 – The Merced Irrigation District of California called all $56,292,000 of its outstanding 2005 electric system refunding revenue bonds and certificates of participation, according to two notices.

The following bonds will be redeemed on Sept. 1 at par:

• $1.52 million of 4.2% bonds due Sept. 1, 2016;

• $1,585,000 of 4.5% bonds due Sept. 1, 2017;

• $18,255,000 of 5% bonds due Sept. 1, 2026;

• $14.23 million of 5.125% bonds due Sept. 1, 2031; and

• $18,315,000 of 5.25% bonds due Sept. 1, 2036.

The following certificates of participation will be redeemed on Sept. 1 at par:

• $355,000 of 4.2% certificates due Sept. 1, 2016;

• $1,665,000 of 4.5% certificates due Sept. 1, 2021; and

• $370,000 of 4.5% certificates due Sept. 1, 2016;

Bank of New York Mellon is the trustee.

© 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.