Energy Northwest to redeem $156.08 million 2003A Project 3 bonds

By Tali David

Minneapolis, May 31 - Energy Northwest, Wash., plans to redeem its $89,025,000 of series 2003A Project 3 refunding electric revenue bonds and $67,055,000 of its refunding escrow bonds, according to two notices.

The following refunding electric revenue bonds will be redeemed at par plus accrued interest on July 1:

• $32,415,000 of 5.5% bonds due July 1, 2015;

• $36.61 million of 5.5% bonds due July 1, 2015; and

• $20 million of 5.5% bonds due July 1, 2015.

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

• $57.98 million of 5.5% bonds due July 1, 2016; and

• $9,075,000 of 5.5% bonds due July 1, 2017.

The Bank of New York Mellon Trust Co., NA is the paying agent.

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