District of Columbia authority defeases public utility bonds in full

By Ashley Montgomery

Kansas City, Kan., June 13 - The District of Columbia Water and Sewer Authority has defeased all of its outstanding series 2003 public utility subordinated lien revenue bonds, according to a notice.

The following bonds are affected:

• $25 million 5.125% bonds due 2024;

• $13.73 million 5.125% bonds due 2025;

• $14.33 million 5.125% bonds due 2026;

• $24.98 million 5% bonds due 2028;

• $5 million 5.25% bonds due 2029; and

• $93.18 million 5% bonds due 2033.

Wells Fargo Bank, NA is the agent.

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