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Marysville School District, Wash., defeases $59 million 2006 unlimited tax G.O. bonds
By Tali David
Minneapolis, June 13 - The Marysville School District No. 25 of Snohomish County, Wash., defeased $59 million of its series 2006 unlimited tax general obligation bonds, according to a notice.
The following will be redeemed at par plus accrued interest on June 1, 2016:
• $3.5 million of 5.125% bonds due Dec. 1, 2016;
• $3.75 million of 5% bonds due Dec. 1, 2017;
• $4.5 million of 5% bonds due Dec. 1, 2018;
• $5 million of 5% bonds due Dec. 1, 2019;
• $5.5 million of 5% bonds due Dec. 1, 2020;
• $6 million of 5% bonds due Dec. 1, 2021;
• $6.5 million of 5% bonds due Dec. 1, 2022;
• $7 million of 5% bonds due Dec. 1, 2023;
• $8 million of 5% bonds due Dec. 1, 2024; and
• $9.25 million of 5% bonds due Dec. 1, 2025.
U.S. Bank NA is the escrow agent.
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