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Published on 10/16/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Oregon Department of Transportation calls highway user tax bonds

By Tali Rackner

Norfolk, Va., Oct. 16 – The State of Oregon Department of Transportation called its series 2004A, 2004B, 2005A and 2005B highway user tax revenue bonds, according to multiple notices.

The following will be redeemed at par on Nov. 15:

• $206,035,000 of 2004A bonds due Nov. 15, 2015 through 2026 and 2028;

• $37,015,000 of 2004B refunding bonds due Nov. 15, 2016 through 2019;

• $18.46 million of 2005A bonds due Nov. 15, 2015 through 2025 and 2029; and

• $25.91 million of 2005B refunding bonds due Nov. 15, 2015 through 2020.

Bank of New York Mellon is the trustee or agent.


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