Southern California water district's 2011 bonds have mandatory tender

By Tali David

Minneapolis, April 18 - The Metropolitan Water District of Southern California said that its series 2011 A-2 and 2011 A-4 water revenue refunding bonds are subject to mandatory tender.

The bonds will be purchased at par on May 2, according to a notice.

The 2011 A-2 bonds were issued in aggregate principal mount of $50 million, and the 2011 A-4 bonds were also issued in aggregate principal mount of $50 million. The entire amount remains outstanding on both series of bonds.

Wells Fargo Bank, NA is the paying agent.

Metropolitan Water District is comprised of 26 cities and water districts and provides drinking water to residents of Los Angeles, Orange, San Diego, Riverside, San Bernardino and Ventura counties in southern California.

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