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Published on 4/1/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Central Washington University defeases $53.84 million of 2004 bonds

By Tali David

Minneapolis, April 1 - Central Washington University, Wash., defeased $53,835,000 of its series 2004 housing system revenue bonds, according to a notice.

The following bonds will be redeemed at par on May 1, 2014:

• $1,575,000 of 5.25% bonds due May 1, 2015;

• $1.66 million of 5.375% bonds due May 1, 2016;

• $1.75 million of 5.375% bonds due May 1, 2017;

• $1.85 million of 5.375% bonds due May 1, 2018;

• $1,945,000 of 5.375% bonds due May 1, 2019;

• $2.05 million of 5.375% bonds due May 1, 2020;

• $2.16 million of 5.375% bonds due May 1, 2021;

• $2.28 million of 5.5% bonds due May 1, 2022;

• $2,405,000 of 5.5% bonds due May 1, 2023;

• $2,535,000 of 5.5% bonds due May 1, 2024;

• $11.52 million of 5% bonds due May 1, 2028; and

• $22,105,000 of 5% bonds due May 1, 2034.

U.S. Bank NA is the refunding trustee.

Central Washington is in Ellensburg, Wash.


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