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PRESS RELEASE: Port of Anchorage Loan Agreement

On Monday June 24, 2013, the Municipality closed a $40,000,000 Loan Agreement with US Bank and borrowed the full amount to retire the Municipality's outstanding commercial paper notes for the Port. The initial monthly interest rate on the note is 0.995%. This transaction terminates the commercial paper program established for the Port in May 2008.

Click here to read the full press release.

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