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Klickitat County Public Utility, Wash., defeases electric system bonds
By Tali Rackner
Norfolk, Va., Sept. 15 – The Klickitat County Public Utility District No. 1 of Washington defeased its series 2006B electric system revenue and refunding bonds, according to a notice.
The following will be redeemed at par plus accrued interest on Dec. 1, 2016:
• $3.8 million of 5% bonds due Dec. 1, 2017;
• $3,995,000 of 5.25% bonds due Dec. 1, 2018;
• $4.21 million of 5.25% bonds due Dec. 1, 2019;
• $5,235,000 of 5.25% bonds due Dec. 1, 2020;
• $5.52 million of 5.25% bonds due Dec. 1, 2021;
• $5,815,000 of 5.25% bonds due Dec. 1, 2022;
• $6,125,000 of 5% bonds due Dec. 1, 2023;
• $4.69 million of 4.75% bonds due Dec. 1, 2024;
• $1,755,000 of 5% bonds due Dec. 1, 2024;
• $6.77 million of 5% bonds due Dec. 1, 2025;
• $7,155,000 of 5% bonds due Dec. 1, 2026; and
• $7.44 million of 5% bonds due Dec. 1, 2031.
U.S. Bank NA is the escrow agent.
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