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Published on 7/12/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Port of Seattle calls $128.25 million in series 2000B revenue bonds

By Devika Patel

Knoxville, Tenn., July 12 - The Port of Seattle said it will redeem in full all $128.25 million of its series 2000B revenue bonds.

Affected bonds include $11.21 million in 6% bonds due Feb. 1, 2016; $11.9 million in 6% bonds due Feb. 1, 2017; $12.62 million in 5.75% bonds due Feb. 1, 2018; $13.37 million in 5.75% bonds due Feb. 1, 2019; $14.16 million in 5.8% bonds due Feb. 1, 2020; $15.01 million in 5.8% bonds due Feb. 1, 2021; and $50 million in 5.625% bonds due Feb. 1, 2024.

The bonds will be redeemed at par plus interest to Aug. 10, the redemption date.

The Bank of New York Mellon (800 254-2826) is the trustee.


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