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Oregon defeases 2007 series A University of Portland revenue bonds
By Tali Rackner
Norfolk, Va., May 26 – The Oregon Facilities Authority defeased its 2007 series A revenue bonds issued for the University of Portland, according to a notice.
The following will be redeemed at par plus accrued interest on April 1, 2018:
• $2.71 million of 4.125% bonds due April 1, 2016;
• $2,825,000 of 5% bonds due April 1, 2017;
• $2,965,000 of 5% bonds due April 1, 2018;
• $3,115,000 of 5% bonds due April 1, 2019;
• $6,685,000 of 4.5% bonds due April 1, 2021;
• $15.33 million of 4.75% bonds due April 1, 2025;
• $8,835,000 of 5.5% bonds due April 1, 2027; and
• $26.44 million of 5% bonds due April 1, 2032.
U.S. Bank NA is the escrow agent.
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