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Published on 4/26/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Portland, Ore., calls $4.38 million of tax pension obligation bonds

By Melissa Kory

Cleveland, April 26 - Portland, Ore., said it will redeem $4.375 million of its variable-rate series 1999E limited tax pension obligation revenue bonds due June 1, 2019.

The bonds will be redeemed on May 26 at par, plus accrued interest to the redemption date.

U.S. Bank, NA is the redemption agent.


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