Tacoma, Wash., to redeem $125.27 million electric system bonds at 101

By Marisa Wong

Madison, Wis., Dec. 29 - The City of Tacoma, Wash., will redeem its $125.27 million of outstanding series 2001A electric system revenue and refunding bonds in full at 101 on Jan. 1, according to a revised notice.

The bonds will be redeemed at the redemption price plus accrued interest up to the redemption date. A previous notice said that the bonds would be redeemed at par.

To be redeemed are the following bonds:

• $17.385 million of 5.75% bonds due Jan. 1, 2016;

• $18.38 million of 5.75% bonds due Jan. 1, 2017;

• $19.44 million of 5.75% bonds due Jan. 1, 2018;

• $20.22 million of 5.75% bonds due Jan. 1, 2019;

• $21.655 million of 5.75% bonds due Jan. 1, 2020; and

• $28.19 million of 5.625% bonds due Jan. 1, 2021.

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