Washington defeases $150.39 million various purpose, fuel tax G.O.s

By Tali David

Minneapolis, Oct. 24 - The State of Washington defeased $64.25 million of its series R-2004C various purpose general obligation refunding bonds and $86.14 million of its series R-2004D motor vehicle fuel tax G.O. refunding bonds, according to a notice.

The following 4.5% R-2004C various purpose G.O.s will be redeemed on Jan. 1, 2014:

• $7,985,000 of bonds due Jan. 1, 2015;

• $8,345,000 of bonds due Jan. 1, 2016;

• $8,735,000 of bonds due Jan. 1, 2017;

• $9,125,000 of bonds due Jan. 1, 2018;

• $9.56 million of bonds due Jan. 1, 2019;

• $10,045,000 of bonds due Jan. 1, 2020; and

• $10,555,000 of bonds due Jan. 1, 2021.

The following 4.5% R-2004D motor vehicle fuel tax G.O.s will also be redeemed on Jan. 1, 2014:

• $10,715,000 of bonds due Jan. 1, 2015;

• $11,195,000 of bonds due Jan. 1, 2016;

• $11.72 million of bonds due Jan. 1, 2017;

• $12.25 million of bonds due Jan. 1, 2018;

• $12.82 million of bonds due Jan. 1, 2019;

• $13.41 million of bonds due Jan. 1, 2020;

• $7,105,000 of bonds due Jan. 1, 2021; and

• $6,925,000 of bonds due Jan. 1, 2022.

U.S. Bank NA is the escrow agent.

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