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Published on 4/15/2011 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Golden State Water issues call for 7.65% series B notes due 2025

By Toni Weeks

San Diego, April 15 - Golden State Water Co. announced in a press release that it has issued a call to redeem its 7.65% series B medium-term notes due 2025.

The redemption will occur on May 5 at a price of 101.913 plus accrued interest.

Golden State will finance the redemption using a portion of the net proceeds from its April 14 issuance of 6% notes due 2041.

The San Dimas, Calif., subsidiary of American States Water Co. supplies water to 10 California counties.


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