Tacoma, Wash., to redeem $125.27 million revenue, refunding bonds

By Melissa Kory

Cleveland, Dec. 2 - The City of Tacoma,Wash., announced that it will redeem its $125.27 million of series 2001A electric system revenue and refunding bonds.

The bonds will be redeemed on Jan. 1 at par, plus accrued interest to the redemption date.

The redemption includes:

• $17,385,000 of 5.75% bonds due Jan. 1, 2016;

• $18.38 million of 5.75% bonds due Jan. 1, 2017;

• $19.44 million of 5.75% bonds due Jan. 1, 2018;

• $20.22 million of 5.75% bonds due Jan. 1, 2019;

• $21,655,000 of 5.75% bonds due Jan. 1, 2020; and

• $28.19 million of 5.625% bonds due Jan. 1, 2021.

Bank of New York Mellon is the redemption agent.

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