Port of Seattle calls series A and B subordinate-lien revenue bonds

By Ashley Montgomery

Kansas City, Kan., Aug. 2 - Port of Seattle said it will redeem all of its outstanding series 1999A and B subordinate-lien revenue bonds, according to a notice.

The bonds will be redeemed on Sept. 1 at par.

The following 1999A bonds are affected:

• $15.17 million of 5.25% bonds due Sept. 1, 2021;

• $15,965,000 of 5.25% bonds due Sept. 1, 2022;

• $24.45 million of 5% bonds due Sept. 1, 2024; and

• $10 million of 4.75% bonds due Sept. 1, 2024.

The following 1999B bonds are affected:

• $9,885,000 of 5.5% bonds due Sept. 1, 2013;

• $10.43 million of 5.5% bonds due Sept. 1, 2014;

• $11,005,000 of 5.5% bonds due Sept. 1, 2015; and

• $8,525,000 of 5.5% bonds due Sept. 1, 2016.

Bank of New York Mellon is the trustee.

Port of Seattle is a port district that operates Seattle's harbor facilities and the Seattle-Tacoma International Airport.

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