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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 11/21/2014 in the Prospect News Liability Management Daily, Prospect News Municipals Daily and Prospect News Preferred Stock Daily.

Nuveen California AMT-Free Premium Income Fund to redeem preferreds

By Tali Rackner

Norfolk, Va., Nov. 21 – The Nuveen California AMT-Free Municipal Income Fund plans to redeem $35.25 million of its 2% series 2015 MuniFund term preferred shares, according to a Rule 12c-2 filing with the Securities and Exchange Commission.

The 3,525,000 shares have a liquidation preference of $10 per share and will be redeemed on Dec. 29.

Tanger will use the proceeds from a new senior note offering to fund the redemption.

Nuveen is a Chicago-based investment services company.


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