State of California Bond Offerings

The California State Treasurer’s Office will sell about $2.5 billion of various purpose general obligation bonds Taxable and Build America Bonds on Thursday March 25, 2010. The full faith and credit of the State are pledged to repayment of the Bonds.

The Bonds are subject to U.S. federal income tax. Prospective investors should consult their own tax advisor as to any tax consequences arising from the purchase, ownership, and disposition of the bonds.

State of California
Various Purpose General Obligation Bonds (Federally Taxable)

Par Amount: $2,500,000,000*

Ratings:
   Fitch:       BBB
   Moody’s:  Baa1
   S&P:        A-

Offering Date: Wednesday, March 24, 2010*
Sale Date: Thursday, March 25, 2010*
Closing Date: Thursday, April 1, 2010*

View Preliminary Official Statement here.

Please contact The Williams Capital Group, L.P. at 1-877-WCG-MUNI for more information.

* - subject to change

Disclaimer

This is not an offer to buy or sell securities and it is not a representation to potential investors that an investment in the securities listed is an appropriate investment for such investor. Each investor must make its own decision whether an investment in these securities is appropriate and satisfies its investment goals, objectives, and financial position. Prospective investors should click on the link “Preliminary Official Statement” for additional information. Investors must read the entire Official Statement to obtain information essential to making an informed investment decision.