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Published on 1/4/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Washington state calls all $257.55 million of its series 2003A bonds

By Ashley Montgomery

Kansas City, Kan., Jan. 4 - The State of Washington said it would redeem its $257,545,000 of outstanding series 2003A various-purpose bonds in full on Jan. 1.

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

To be redeemed are the following bonds:

• $28,905,000 of 4.5% bonds due Jan. 1, 2013;

• $30.3 million of 5% bonds due Jan. 1, 2014;

• $31,935,000 of 5% bonds due Jan. 1, 2015;

• $33,585,000 of 5% bonds due Jan. 1, 2016;

• $35.32 million of 5% bonds due Jan. 1, 2017;

• $37,315 million of 5% bonds due Jan. 1, 2018;

• $39,305,000 of 5% bonds due Jan. 1, 2019; and

• $20.88 million of 5% bonds due Jan. 1, 2020.

Bank of New York Mellon is the trustee.


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