Panhandle Plains to negotiate early redemption of series 2010-2 bonds

By Sarah Lizee

Olympia, Wash., Jan. 30 – Panhandle Plains Higher Education Authority, Inc. will enter into negotiations with one or more institutional holders of its series 2010-2 student loan revenue bonds (Cusip: 698475AM2) soliciting their consent to an early redemption of the bonds.

Following the negotiations, Panhandle Plains may launch a formal solicitation for the majority consent necessary to approve the required amendment to the indenture securing the bonds, according to a press release.

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