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Published on 5/28/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Tacoma, Wash., calls all 2005A and 2005B electric system revenue bonds

By Tali Rackner

Norfolk, Va., May 28 – The City of Tacoma, Wash., plans to redeem all of its series 2005A and 2005B electric system revenue bonds on July 1, according to two notices.

The following 2005A bonds will be redeemed at par plus accrued interest to the redemption date:

• $1.02 million of 4% bonds due Jan. 1, 2017;

• $23.42 million of 4.125% bonds due Jan. 1, 2018;

• $24,455,000 of 4.25% bonds due Jan. 1, 2019;

• $30.53 million of 4.25% bonds due Jan. 1, 2020; and

• $13,275,000 of 4.3% bonds due Jan. 1, 2021.

The following 2005B revenue refunding bonds will be redeemed at par plus accrued interest to the redemption date:

• $380,000 of 4.25% bonds due Jan. 1, 2019;

• $15.85 million of 4.25% bonds due Jan. 1, 2020; and

• $9 million of 4.25% bonds due Jan. 1, 2021.

U.S. Bank NA is the trustee or agent.


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