Tab_53Notice of Defeasance
ALASKA MUNICIPAL BOND BANK
NOTICE TO HOLDERS OF THE FOLLOWING
ALASKA MUNICIPAL BOND BANK
GENERAL OBLIGATION BONDS, 2007 SERIES THREE
MATURING ON AND AFTER SEPTEMBER 1, 2018
NOTICE IS HEREBY GIVEN to the holders of the outstanding Alaska Municipal Bond Bank General
Obligation Bonds, 2007 Series Three (the "2007 Series Three Bonds") that a portion of the outstanding 2007 Series
Three Bonds maturing on and after September 1, 2018 are being defeased and that the defeased 2007 Series Three
Bonds (the "Refunded Bonds") will be redeemed on September 1, 2017, in accordance with their terms at a
redemption price equal to 100% of the principal amount thereof, plus in each case accrued interest to the date fixed
for redemption. The funds to be used for each redemption have heretofore been deposited with the Escrow Agent,
The 2007 Series Three Bonds were issued on July 10, 2007 and the 2007 Series Three Bonds being
defeased accrue interest at the following interest rates:
Maturity Outstanding Original CUSIP Defeased Defeased
Date Principal Interest No. Redemption Principal CUSIP No.
(September 1) Amount Rate (01179) Price Amount (01179)
2022 $1,005,000.00 5.000% RLM3 100% $1,005,000.00 RLM3
2027 1,290,000.00 5.000 RLN1 100 1,290,000.00 RLN1
* As of October 18, 2016.
This CUSIP® number has been assigned by the Bond Bank's CUSIP Global Services and is included
solely for the convenience of the holders. Neither the Bond Bank nor the Escrow Agent or Trustee shall be
responsible for the selection or use of this CUSIP® number, nor is any representation made to its correctness on the
bond or as indicated in any redemption notice.
Holders of the Refunded Bonds maturing on and after September 1, 2018 to be redeemed will receive
payments of the redemption price and accrued interest to which they are entitled upon presentation and surrender
thereof at the corporate trust office of The Bank of New York Mellon Trust Company, N.A., as set forth below.
First Class/Registered/Certified Express Delivery Only By Hand Only
The Bank of New York Mellon The Bank of New York Mellon The Bank of New York Mellon
Global Corporate Trust Global Corporate Trust Global Corporate Trust
P.O. Box 396 111 Sanders Creek Parkway Corporate Trust Window
East Syracuse New York 13057 East Syracuse, New York 13057 101 Barclay Street, 1st Floor East
New York, New York 10286
Such Refunded Bonds have been defeased and therefore are deemed to be no longer outstanding, but will be
payable solely by application of moneys deposited into the escrow account held by the Escrow Agent.
DATED this 3rd day of November 2016
AMBB - General Obligation and Refunding Bonds, 2016 Series Three
Notice of Defeasance (2007 Series Three)