Oregon Higher Education defeases $73.63 million of 2004, 2005 bonds

By Tali David

Minneapolis, March 12 - The Oregon Board of Higher Education defeased $73,625,000 of its series 2004 and 2005 general obligation bonds, according to multiple notices.

The following series 2004 bonds will be redeemed at par on Aug. 1, 2014:

• $21.63 million of 2004A G.O. bonds due Aug. 1, 2015 and 2019 through 2028;

• $5.77 million of 2004C G.O. bonds due Aug. 1, 2016 through 2028; and

• $2.84 million of 2004D G.O. refunding bonds due Aug. 1, 2015 through 2027.

The following series 2005 bonds will be redeemed at par on Aug. 1, 2015:

• $40,925,000 of 2005A G.O. bonds due Aug. 1, 2017 through 2027; and

• $2.46 million of 2005B G.O. bonds due Aug. 1, 2017 through 2022.

The Bank of New York Mellon is the paying agent.

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