Orange County Transportation, Calif., rescinds, revises bond call

By Tali David

Minneapolis, July 31 - The Orange County Transportation Authority, Calif., rescinded its call and issued a revised redemption notice for its $100 million of series 2003-B-1 and 2003-B-2 toll road revenue refunding bonds issued for 91 Express Lanes, according to two notices.

The authority will redeem $75 million of series 2003-B-1 bonds and $25 million of series 2003-B-2 bonds, both of which are due Dec. 15, 2030, at par plus accrued interest on Aug. 8.

U.S. Bank NA is the trustee.

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