Alaska defeases series 2003A general obligation bonds due 2014 to 2023

By Ashley Montgomery

Kansas City, Kan., Feb. 14 - The State of Alaska said it defeased its series 2003A general obligation bonds on Feb. 8.

The bonds will be redeemed Aug. 1, 2013.

The following bonds were defeased:

• $20,525,000 of 5% bonds due Aug. 1, 2014;

• $21.42 million of 5% bonds due Aug. 1, 2015;

• $22.38 million of 5% bonds due Aug. 1, 2016;

• $23.41 million of 5% bonds due Aug. 1, 2017;

• $24.5 million of 5% bonds due Aug. 1, 2018;

• $14.34 million of 5% bonds due Aug. 1, 2019;

• $15.04 million of 4.5% bonds due Aug. 1, 2020;

• $15,785,000 of 4.5% bonds due Aug. 1, 2021;

• $16.58 million of 4.5% bonds due Aug. 1, 2022; and

• $17.43 million of 4.625% bonds due Aug. 1, 2023.

U.S. Bank, NA is the trustee.

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