October 1, 2012 / 3:56 PM / 5 years ago

REFILE-Los Angeles Water and Power to sell $480 mln in two parts

Oct 1 (Reuters) - The Department of Water and Power of the City of Los Angeles, California, is expected to price $480 million in two issues, said a market source.

The sale includes $130 million Series A power system revenue bonds which are expected to sell on Thursday, October 4, and $350 million Series B power system revenue bonds which are expected to price Tuesday or Wednesday of next week.

The lead underwriter of the sales is De La Rosa & Co., the source said.

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