Oregon Board of Higher Education defeases $59.3 million of 2004D bonds

By Tali David

Minneapolis, Feb. 13 - The Oregon State Board of Higher Education defeased $59,295,000 of its series 2004D general obligation refunding bonds, according to a notice.

The following 5% bonds will be redeemed at par on Aug. 1, 2014:

• $6,145,000 of bonds due Aug. 1, 2015;

• $4,785,000 of bonds due Aug. 1, 2016;

• $4.08 million of bonds due Aug. 1, 2017;

• $5.92 million of bonds due Aug. 1, 2018;

• $6.53 million of bonds due Aug. 1, 2019;

• $7.65 million of bonds due Aug. 1, 2020;

• $6.17 million of bonds due Aug. 1, 2021;

• $3,675,000 of bonds due Aug. 1, 2022;

• $3,895,000 of bonds due Aug. 1, 2023;

• $3,455,000 of bonds due Aug. 1, 2024; and

• $6.99 million of bonds due Aug. 1, 2027.

The Bank of New York Mellon is the paying agent. Wells Fargo Bank, NA is the escrow agent.

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