Investor Presentaiton
• The District issues taxable and tax-exempt debt and
utilizes both fixed-rate debt and variable rate instruments
Financing -Existing Debt
Total Annual Debt Service with Projected Sinking Fund Deposits
■ Electric System
■ Priest Rapids Project Bonds
■ Priest Rapids Project Subordinate Bonds
120
OUTSTANDING EXTERNAL DEBT
PRP Senior
$834,385,000
76%
ES Senior
$269,525,000
24%
$Millions
100
80
60
40
*Preliminary 2023 Data
Debt Portfolio Statistics
4.0%
8.42 Years
20
20
0
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043
2044
2045
2046
2047
2048
2049
2050
2051
2052
2053
Priest Rapids Project Subordinate Bonds were purchased by the District's Electric System as an investment
Electric System debt service excludes Series 2023-U $49.265 million maturity in 2026 which is expected to be refinanced
*Preliminary 2023 Data CREBS debt service assumes annual sinking fund payment schedules the District has covenanted to deposit in an amount sufficient to pay bonds at maturity
Weighted Average Coupon Rate of Fixed Debt
Weighted Average Life of Debt Portfolio
Effective Cost of Debt of Debt Portfolio
(Net of Interest Rebates)
3.6%View entire presentation