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Published on 7/13/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Tulalip Tribes, Wash., to redeem $69.8 million bonds in full Aug. 2

By Ashley Montgomery

Kansas City, Kan. May 31 - Tulalip Tribes of Tulalip Reservation, Wash., has updated the redemption date for its $69,795,000 variable-rate demand capital projects and refunding bonds, series 2007, according to a notice.

The bonds were originally set to be redeemed June 7. Then, on May 25, the issuer rescinded its notice of redemption. Subsequently, the redemption notice was reissued and the redemption date set for July 5.

On July 12, the tribes announced a new redemption date for the bonds. The bonds are now set to be redeemed Aug. 2 at par plus accrued interest to the redemption date.

U.S. Bank, NA is the trustee.


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