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Published on 5/18/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

District of Columbia defeases portions of 2004A and 2005A G.O. bonds

By Ashley Montgomery

Kansas City, Kan., May 18 - The District of Columbia has defeased $140.09 million of series 2004A general obligation bonds and $180.84 million of series 2005A G.O. bonds, according to a notice.

All of the bonds will be redeemed June 1, 2015.

The affected 2004A bonds include the following:

• $10,835,000 of 5% bonds due June 1, 2017;

• $11.38 million of 5% bonds due June 1, 2018;

• $11,945,000 of 5% bonds due June 1, 2019;

• $3,085,000 of 5% bonds due June 1, 2020;

• $13.17 million of 5% bonds due June 1, 2021;

• $13.83 million of 5% bonds due June 1, 2022;

• $14.52 million of 5% bonds due June 1, 2023;

• $15,245,000 of 5% bonds due June 1, 2024;

• $16,005,000 of 5% bonds due June 1, 2025;

• $16,805,000 of 5% bonds due June 1, 2026;

• $12,745,000 of 5% bonds due June 1, 2027; and

• $525,000 of 4.75% bonds due June 1, 2027.

The affected 2005A bonds include the following:

• $12.73 million of 5% bonds due June 1, 2018;

• $13,365,000 of 5% bonds due June 1, 2019;

• $14,035,000 of 5% bonds due June 1, 2020;

• $14,735,000 of 5% bonds due June 1, 2021;

• $15,475,000 of 5% bonds due June 1, 2022;

• $16,245,000 of 5% bonds due June 1, 2023;

• $17.06 million of 5% bonds due June 1, 2024;

• $17.91 million of 5% bonds due June 1, 2025;

• $18,805,000 of 5% bonds due June 1, 2026;

• $19,745,000 of 5% bonds due June 1, 2027; and

• $20,735,000 of 5% bonds due June 1, 2028.

Wells Fargo Bank, NA is the agent.


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