Seattle defeases 2008 limited tax G.O. improvement and refunding bonds

By Tali Rackner

Norfolk, Va., May 28 – The City of Seattle defeased its series 2008 limited tax general obligation improvement and refunding bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Dec. 1, 2018:

• $6.25 million of 5% bonds due 2019;

• $7,205,000 of 5% bonds due 2020;

• $16.61 million of 5% bonds due 2021;

• $13.64 million of 5% bonds due 2022;

• $9,235,000 of 5% bonds due 2023;

• $9.67 million of 5% bonds due 2024;

• $10.12 million of 5% bonds due 2025;

• $10.75 million of 5% bonds due 2026;

• $615,000 of 5% bonds due 2027; and

• $645,000 of 5% bonds due 2028.

The city also defeased its series 2005, 2006 and 2007 bonds.

Zions First National Bank is the refunding trustee.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.