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26.06.2015 21:45:00
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Tacoma Housing Authority, WA -- Moody's reviews defeasance of Tacoma Housing Auth., WA, Multifam Hsg Rev Bds Ser 2005 (GNMA Coll Mtge Loans -Redwood/Juniper, Pine Tree Harbor & Conifer South Projects)
New York, June 26, 2015 -- At the request of Tacoma Housing Authority, WA, we have reviewed the planned defeasance of the Authority's outstanding Multifamily Housing Revenue Bonds Series 2005 (GNMA Collateralized Mortgage Loans - Redwood/Juniper, Pine Tree Harbor & Conifer South Projects) ("the 2005 Bonds") with proceeds from the sale of the underlying GNMA securities placed in escrow to be optionally redeemed on August 14, 2015. The defeasance, in and of itself and as of this time, will not result in any change in our rating of the 2005 Bonds.
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