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Published on 10/9/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

University of Massachusetts Building Authority calls some bonds at par

By Susanna Moon

Chicago, Oct. 9 – University of Massachusetts Building Authority said it will redeem its senior series 2005-2 refunding revenue bonds.

The authority will redeem the following bonds at par plus accrued interest to the redemption date of Nov. 1, according to a company notice:

• $24.52 million 5% bonds due Nov. 1, 2016;

• $12.72 million 5% bonds due Nov. 1, 2017;

• $15 million 5.25% bonds due Nov. 1, 2017;

• $29.16 million 5% bonds due Nov. 1, 2018;

• $30,625,000 5% bonds due Nov. 1, 2019;

• $16.9 million 5% bonds due Nov. 1, 2020;

• $5.68 million 5% bonds due Nov. 1, 2021;

• $2,695,000 5% bonds due Nov. 1, 2022;

• $2,835,000 5% bonds due Nov. 1, 2023;

• $2.98 million 5% bonds due Nov. 1, 2024; and

• $3,135,000 5% bonds due Nov. 1, 2025.

U.S. Bank NA is the trustee and agent.


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