Cascade's Bond Rating

Cascade has a AAA bond rating, click here for the ratings summary.

Revenue Bonds Official Statements

Cascade last issued bonds in 2014, issuing 15-year refunding revenue bonds to pay a portion of the cost of refunding the callable portion of the outstanding 2006 bond issue. The re-acquisition price exceeded the net carrying amount of the old debt by $2,692,477. This amount is being netted against the new debt and amortized over the remaining life of the refunding debt. Cascade realized an economic gain (difference between the present values of the debt service payments on the old and new debt) of $5,462,625. Cascade also issued bonds in 2006, 2009 and 2012.

2014 Official Revenue Bond Statement

2012 Official Revenue Bond Statement

2009 Official Revenue Bond Statement

2006 Official Revenue Bond Statement

Statement of Representation

For the Statement of Representation by Independent Registered Municipal Advisor, click here.