Renton School District, Wash., defeases $72.65 million of 2003 G.O.s

By Tali David

Minneapolis, Aug. 31 - The Renton School District No. 403 of King County, Wash., defeased $72.65 million of its series 2003 unlimited tax general obligation bonds, according to a defeasance notice.

The following bonds will be redeemed at par plus accrued interest on Dec. 1, 2013:

• $1 million of 4% bonds due Dec. 1, 2014;

• $1.6 million of 4% bonds due Dec. 1, 2015;

• $2.25 million of 4.125% bonds due Dec. 1, 2016;

• $9.32 million of 5.25% bonds due Dec. 1, 2017;

• $10.06 million of 5.25% bonds due Dec. 1, 2018;

• $10.85 million of 5% bonds due Dec. 1, 2019;

• $11,655,000 of 5% bonds due Dec. 1, 2020;

• $12,505,000 of 5% bonds due Dec. 1, 2021; and

• $13.41 million of 4.625% bonds due Dec. 1, 2022.

U.S. Bank NA is the trustee.

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