Oregon defeases 2007 series A University of Portland revenue bonds

By Tali Rackner

Norfolk, Va., May 26 – The Oregon Facilities Authority defeased its 2007 series A revenue bonds issued for the University of Portland, according to a notice.

The following will be redeemed at par plus accrued interest on April 1, 2018:

• $2.71 million of 4.125% bonds due April 1, 2016;

• $2,825,000 of 5% bonds due April 1, 2017;

• $2,965,000 of 5% bonds due April 1, 2018;

• $3,115,000 of 5% bonds due April 1, 2019;

• $6,685,000 of 4.5% bonds due April 1, 2021;

• $15.33 million of 4.75% bonds due April 1, 2025;

• $8,835,000 of 5.5% bonds due April 1, 2027; and

• $26.44 million of 5% bonds due April 1, 2032.

U.S. Bank NA is the escrow agent.

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