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Los Angeles Water and Power redeems 2005A-1 power system revenue bonds
By Tali Rackner
Norfolk, Va., April 17 – The Los Angeles Department of Water and Power purchased and canceled $145 million of its 5% series 2005A-1 power system revenue bonds on April 16, according to a notice.
The department redeemed $95 million of bonds due July 1, 2035 and $50 million of bonds due July 1, 2040.
U.S. Bank NA is the escrow agent.
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