Seattle to redeem $101.35 million municipal light, power revenue bonds

By Marisa Wong

Madison, Wis., Feb. 11 - The City of Seattle said it will redeem its $101.345 million of municipal light and power improvement and refunding revenue bonds, series 2001, in full on March 10.

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

To be redeemed are the following bonds:

• $5.785 million of 5.5% bonds due March 1, 2012;

• $6.77 million of 5.5% bonds due March 1, 2013;

• $7.15 million of 5.5% bonds due March 1, 2014;

• $7.96 million of 5.5% bonds due March 1, 2015;

• $7.985 million of 5.5% bonds due March 1, 2016;

• $8.435 million of 5.5% bonds due March 1, 2017;

• $5.68 million of 5.5% bonds due March 1, 2018;

• $5.35 million of 5.5% bonds due March 1, 2019;

• $5.635 million of 5% bonds due March 1, 2020;

• $5.93 million of 5.125% bonds due March 1, 2021;

• $6.24 million of 5.125% bonds due March 1, 2022; and

• $28.425 million of 5.125% bonds due March 1, 2026.

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