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Published on 6/2/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Tacoma, Wash., calls $122.14 million electric system revenue bonds

By Tali Rackner

Norfolk, Va., June 2 – The City of Tacoma, Wash., announced the conditional redemption of $122,135,000 of its 2005 series B electric system revenue bonds, according to a notice.

The following will be redeemed at par plus accrued interest on July 1:

• $22,445,000 of 5% bonds due Jan. 1, 2016;

• $23,455,000 of 4.125% bonds due Jan. 1, 2017;

• $24.41 million of 4.2% bonds due Jan. 1, 2018;

• $25.05 million of 4.25% bonds due Jan. 1, 2019;

• $5,675,000 of 4.25% bonds due Jan. 1, 2020; and

• $21.1 million of 4.25% bonds due Jan. 1, 2021.

U.S. Bank NA is the bond registrar.


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