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Vermont Student Assistance to price $113.05 million variable-rate bonds
By Cristal Cody
Springdale, Ark., July 15 - The Vermont Student Assistance Corp. expects to price $113.05 million variable-rate bonds July 22, a source with the issuer said Tuesday.
The senior series 2008A1 education loan revenue bonds are due Dec. 15, 2042.
KeyBanc Capital Markets will manage the negotiated sale.
Proceeds will be used to finance loans and fund a reserve account and a capitalized interest account.
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