Tab_55Notice of Defeasance
ALASKA MUNICIPAL BOND BANK
NOTICE TO HOLDERS OF THE FOLLOWING
ALASKA MUNICIPAL BOND BANK
GENERAL OBLIGATION BONDS, 2008 SERIES ONE
MATURING ON AND AFTER APRIL 1, 2017
NOTICE IS HEREBY GIVEN to the holders of the outstanding Alaska Municipal Bond Bank,
General Obligation Bonds, 2008 Series One (the "2008 Series One Bonds") that a portion of the outstanding 2008
Series One Bonds maturing on and after April 1, 2017 are being defeased and that the defeased 2008 Series One
Bonds (the "Refunded Bonds") (i) maturing on and after April 1, 2019 will be called for redemption on April 1, 2018
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, or (ii) maturing on April 1, 2017 and April 1, 2018, as
applicable, will be retired on such dates in accordance with their terms, at a retirement price equal to the related
principal amount thereof, plus accrued interest to the related date fixed for maturity. The funds to be used for such
redemption or retirement, as applicable, have heretofore been deposited with the Escrow Agent.
The 2008 Series One Bonds were issued on April 15, 2008 and the 2008 Series One Bonds being defeased
accrue interest at the following interest rates:
Redemption or
Maturity Outstanding Original CUSIP Retirement Defeased Defeased
Date Principal Interest No. Price (% of Principal CUSIP No.
(April 1) Amount Rate (01179) Principal) Amount (01179)
2017 $2,180,000 4.000% PWW3 100% $370,000 RUB7
2018 3,300,000 4.000 PWX1 100 380,000 RUC5
2019 1,345,000 4.000 RPT4 100 1,345,000 RPT4
2020 1,400,000 4.250 RPU1 100 1,400,000 RPU1
2021 1,460,000 4.250 RPV9 100 1,460,000 RPV9
2022 1,520,000 4.375 RPW7 100 1,520,000 RPW7
2023 2,675,000 4.500 RPX5 100 1,590,000 RUF8
2024 1,655,000 4.700 RPY3 100 1,655,000 RPY3
2025 1,740,000 4.800 RPZO 100 1,740,000 RPZO
2026 1,825,000 4.900 RQA4 100 1,825,000 RQA4
2027 1,915,000 5.000 RQB2 100 1,915,000 RQB2
2028 3,145,000 5.000 RQCO 100 2,010,000 RUG6
2029 305,000 5.000 RQD8 100 305,000 RQD8
2033 1,390,000 5.100 RQE6 100 1,390,000 RQE6
2038 2,185,000 5.200 PXL6 100 2,185,000 PXL6
* 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.
AMBB - General Obligation and Refunding Bonds, 2016 Series Three
Notice of Defeasance (2008 Series One)
Holders of the Refunded Bonds maturing on and after April 1, 2019 to be redeemed and the Refunded
Bonds maturing on April 1, 2017 and April 1, 2018 to be retired will receive payment of the redemption price or
related retirement price, as applicable, 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 3r0 day of November 2016
AMBB - General Obligation and Refunding Bonds, 2016 Series Three
Notice of Defeasance (2008 Series One)