Portland, Ore., defeases 2001A convention center revenue bonds

By Marisa Wong

Madison, Wis., Oct. 13 - City of Portland, Ore., gave notice that it defeased its outstanding 2001 series A Oregon Convention Center Completion Project limited tax revenue bonds on Oct. 6. The original issue amount of the bonds was $81.94 million.

The defeased bonds will be redeemed on Nov. 14. They include the following:

• $270,000 of 5% bonds due June 1, 2012;

• $310,000 of 5% bonds due June 1, 2013;

• $280,000 of 5% bonds due June 1, 2014;

• $340,000 of 5% bonds due June 1, 2015;

• $260,000 of 5% bonds due June 1, 2016;

• $470,000 of 5% bonds due June 1, 2017;

• $550,000 of 5% bonds due June 1, 2018;

• $900,000 of 5% bonds due June 1, 2019;

• $1.29 million of 5% bonds due June 1, 2020;

• $2.71 million of 5% bonds due June 1, 2021;

• $3.48 million of 5% bonds due June 1, 2022;

• $13.61 million of 5% bonds due June 1, 2024; and

• $50.17 million of 5.125% bonds due June 1, 2030.

U.S. Bank NA is the agent.

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