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Published on 7/29/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Seattle calls $102.31 million of 2005 water system refunding bonds

By Wendy Van Sickle

Columbus, Ohio, July 29 – The City of Seattle called $102,305,000 of water system revenue refunding bonds, series 2005, according to a notice.

The following bonds will be redeemed on Sept. 1 at par plus accrued interest:

• $5,805,000 of 5% bonds due 2016;

• $6.09 million of 5% bonds due 2017;

• $6,385,000 of 5% bonds due 2018;

• $6,695,000 of 5% bonds due 2019;

• $7,025,000 of 5% bonds due 2020;

• $7.38 million of 5% bonds due 2021;

• $7,745,000 of 5% bonds due 2022;

• $8.13 million of 5% bonds due 2023;

• $8.54 million of 5% bonds due 2024;

• $8,955,000 of 5% bonds due 2025;

• $9,395,000 of 5% bonds due 2026; and

• $20.16 million of 4.625% bonds due 2025.

All of the bonds have a Sept. 1 due date of their respective years.

U.S. Bank Global Corporate Trust Services is the trustee.


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