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Published on 4/28/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Portland, Ore., calls $4.4 million of tax pension obligation bonds

By Melissa Kory

Cleveland, April 28 - The City of Portland, Ore., said it will redeem $4.4 million of its $150 million of variable-rate series 1999D limited tax pension obligation revenue bonds due June 1, 2019.

The bonds will be redeemed on May 31 at par plus accrued interest.

U.S. Bank, NA is the redemption agent.


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