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Published on 9/6/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

District of Columbia Water calls $176.22 million public utility bonds

By Tali David

Minneapolis, Sept. 6 - The District of Columbia Water and Sewer Authority called $176.22 million of series 2003 public utility subordinated-lien revenue bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Oct. 1:

• $25 million of 5.125% bonds due Oct. 1, 2024;

• $13.73 million of 5.125% bonds due Oct. 1, 2025;

• $14.33 million of 5.125% bonds due Oct. 1, 2026;

• $24.98 million of 5% bonds due Oct. 1, 2028;

• $5 million of 5.25% bonds due Oct. 1, 2029; and

• $93.18 million of 5% bonds due Oct. 1, 2033.

Wells Fargo Bank, NA is the escrow agent.


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