Seattle to redeem $295.65 million of municipal light and power bonds

By Marisa Wong

Madison, Wis., Jan. 31 - The City of Seattle said that it will redeem its $295.645 million of outstanding municipal light and power improvement and refunding revenue bonds, series 2001, in full on March 1.

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

To be redeemed are the following bonds:

• $16.975 million of 5.5% bonds due March 1, 2012;

• $19.855 million of 5.5% bonds due March 1, 2013;

• $20.975 million of 5.5% bonds due March 1, 2014;

• $21.755 million of 5.5% bonds due March 1, 2015;

• $23.415 million of 5.5% bonds due March 1, 2016;

• $24.74 million of 5.5% bonds due March 1, 2017;

• $16.66 million of 5.5% bonds due March 1, 2018;

• $15.685 million of 5.5% bonds due March 1, 2019;

• $16.53 million of 5% bonds due March 1, 2020;

• $17.39 million of 5.125% bonds due March 1, 2021;

• $18.305 million of 5.125% bonds due March 1, 2022; and

• $83.36 million of 5.125% bonds due March 1, 2026.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.