E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers W > Headlines for Washington > News item
Published on 3/6/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Washington defeases various purpose G.O.s, motor vehicle fuel G.O.s

By Tali Rackner

Norfolk, Va., March 6 – The State of Washington defeased its series 2007F, 2007D and 2009B general obligation bonds, according to a notice.

The following 2007F various purpose G.O. bonds will be redeemed at par plus accrued interest on July 1, 2017:

• $8,435,000 of 4.5% bonds due July 1, 2018;

• $8,865,000 of 4.5% bonds due July 1, 2019;

• $9.32 million of 4.5% bonds due July 1, 2020;

• $9.8 million of 4.5% bonds due July 1, 2021;

• $10.3 million of 4.5% bonds due July 1, 2022;

• $10.83 million of 4.5% bonds due July 1, 2023;

• $11,385,000 of 4.5% bonds due July 1, 2024;

• $11.97 million of 4.5% bonds due July 1, 2025;

• $12,585,000 of 4.5% bonds due July 1, 2026;

• $13.23 million of 4.5% bonds due July 1, 2027; and

• $13.91 million of 4.5% bonds due July 1, 2028.

The following 2007D motor vehicle fuel tax G.O. bonds will be redeemed at par plus accrued interest on Jan. 1, 2017:

• $21,205,000 of 4.5% bonds due Jan. 1, 2027;

• $22,265,000 of 4.5% bonds due Jan. 1, 2028;

• $23.38 million of 4.5% bonds due Jan. 1, 2029;

• $24,545,000 of 4.5% bonds due Jan. 1, 2030; and

• $52.83 million of 4.5% bonds due Jan. 1, 2032.

The following 2009B motor vehicle fuel tax G.O. bonds will be redeemed at par plus accrued interest on July 1, 2018:

• $8,715,000 of 5% bonds due July 1, 2019;

• $9,165,000 of 5% bonds due July 1, 2020;

• $9,635,000 of 5% bonds due July 1, 2021;

• $10.13 million of 5% bonds due July 1, 2022;

• $10.65 million of 5% bonds due July 1, 2023;

• $11,195,000 of 5% bonds due July 1, 2024;

• $11.77 million of 5% bonds due July 1, 2025;

• $12.37 million of 5% bonds due July 1, 2026;

• $13.01 million of 5% bonds due July 1, 2027;

• $13,675,000 of 5% bonds due July 1, 2028;

• $14,375,000 of 5% bonds due July 1, 2029;

• $15,115,000 of 5% bonds due July 1, 2030; and

• $15,885,000 of 5% bonds due July 1, 2031.

U.S. Bank NA is the escrow agent.


© 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.