Portland, Ore., to redeem all $146 million 2000A sewer system bonds

By Marisa Wong

Milwaukee, June 28 - The City of Portland, Ore., said it will redeem all $146 million of its outstanding 2000 series A sewer system revenue bonds on Aug. 1.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

Affected are the following bonds:

• $790,000 of 5.3% bonds due Aug. 1, 2018;

• $45.11 million of 5.75% bonds due Aug. 1, 2018;

• $1.4 million of 5.3% bonds due Aug. 1, 2019;

• $47.22 million of 5.75% bonds due Aug. 1, 2019;

• $4 million of 5.375% bonds due Aug. 1, 2020; and

• $47.48 million of 5.75% bonds due Aug. 1, 2020.

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