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Thank you for your interest in LCRA. Investments in our bond program help build and maintain critical public infrastructure that provides safe and reliable power, water and community services to communities throughout Texas. We are committed to maintaining strong bond ratings and being as transparent as possible with the investor community and public at large.
We hope you find this website useful as you seek to better understand LCRA’s credit fundamentals. Please do not hesitate to contact our office with questions or feedback.
Jim Travis, Chief Financial Officer
For more information, please read attachment.
Fitch Ratings has upgraded the rating on Lower Colorado River Authority's (LCRA) refunding revenue bonds and bank note rating (CP series B) to 'A+' from 'A'.
CONDITIONAL NOTICE OF REDEMPTION
NOTICE IS HEREBY GIVEN that the Lower Colorado River Authority ("LCRA") has conditionally called for early redemption the following obligations on May 15, 2019 (the "Redemption Date") at the redemption prices (plus accrued interest to the Redemption Date) set forth in the following table:
Lower Colorado River Authority Refunding Revenue Bonds, Series 2009, dated June 1, 2009, in the aggregate principal amount of $132,735,000, maturing in the years 2020 through 2024, inclusive, 2029, 2033 and 2039 as further described in the following table (collectively, the "Redeemed Bonds")