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Published on 9/25/2008 in the Prospect News Municipals Daily.

Alaska Housing Finance may buy up to $849.51 million in remarketed bonds

By Cristal Cody

Tupelo, Miss., Sept. 25 - The Alaska Housing Finance Corp. said it may buy back up to purchase $849.505 million in outstanding remarketed bonds, according to a notice.

The finance corporation planned to purchase tendered bonds starting Wednesday, including $169.3 million from series 2002A, $75 million from series 2007A, $75 million from series 2007B and $89.37 million from series 2007D home mortgage revenue bonds.

Alaska Housing also plans to purchase tendered bonds from the $40.025 million outstanding from the series 2000B and $34.42 million from the series 2002D housing development bonds; $120.735 million from the series 2003A and $16.095 million from the series 2003B general housing purpose bonds; $23.3 million from the series 1997A, $65.71 million from the series 2001A and $80.3 million from the series 2001B governmental purpose bonds and $60.25 million from the series 2002C state capital project bonds.

The corporation may tender any purchased bonds to the remarketing agent for sale.


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