Broadway Office defeases King County, Wash., lease revenue bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 29 - Broadway Office Properties has defeased its series 2002 King County, Wash., project lease revenue bonds, according to a notice.

The bonds will be redeemed on Dec. 1 at par plus interest.

The following bonds are affected:

• $1,605,000 of 5.25% bonds due Dec. 1, 2012;

• $1.69 million of 5.375% bonds due Dec. 1, 2013;

• $1.78 million of 5.375% bonds due Dec. 1, 2014;

• $1,875,000 of 5.375% bonds due Dec. 1, 2015;

• $1,975,000 of 5.375% bonds due Dec. 1, 2016;

• $2,085,000 of 5.375% bonds due Dec. 1, 2017;

• $2,195,000 of 5.25% bonds due Dec. 1, 2018;

• $2.31 million of 5.25% bonds due Dec. 1, 2019;

• $2.43 million of 5.25% bonds due Dec. 1, 2020;

• $2.56 million of 5.25% bonds due Dec. 1, 2021;

• $18.32 million of 5% bonds due Dec. 1, 2027; and

• $15.56 million of 5% bonds due Dec. 1, 2031.

The Bank of New York Mellon is the escrow agent.

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