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Published on 11/17/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Port of Seattle calls $81 million of special facility revenue bonds

By Marisa Wong

Madison, Wis., Nov. 17 - Port of Seattle gave notice that it will redeem its $81 million of outstanding series 1999B Terminal 18 Project special facility revenue bonds on Dec. 13.

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

The affected bonds include the following:

• $1.145 million of 5.65% bonds due Sept. 1, 2012;

• $1.295 million of 5.75% bonds due Sept. 1, 2013;

• $1.38 million of 5.75% bonds due Sept. 1, 2014;

• $1.78 million of 6% bonds due Sept. 1, 2015;

• $2.59 million of 6% bonds due Sept. 1, 2016;

• $18.225 million of 6% bonds due Sept. 1, 2020; and

• $54.585 million of 6.25% bonds due Sept. 1, 2026.

Port of Seattle is a port district that operates Seattle's harbor facilities and the Seattle-Tacoma International Airport.


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