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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 4/25/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Port of Tacoma, Wash., $112.92 million bonds have mandatory tender

By Melissa Kory

Cleveland, April 25 - Port of Tacoma, Wash., said that its $112.92 million of series 2008 subordinate-lien revenue refunding bonds due Dec. 1, 2036 is subject to a mandatory tender for purchase on April 29.

The mandatory tender is a result of the expiration of the bonds' existing letter of credit issued by Banco Bilbao Viscaya Argentaria, SA on April 30.

Bank of New York Mellon is the trustee.


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