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Published on 10/7/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Massachusetts HEFA’s series 2003H Amherst bonds have mandatory tender

By Tali Rackner

Norfolk, Va., Oct. 7 – The Massachusetts Health and Educational Facilities Authority’s $50 million of series 2003H Amherst College variable-rate demand revenue bonds are subject to mandatory tender, according to a notice.

The bonds will be purchased at par plus accrued interest on Nov. 3.

The mandatory tender is a result of a change to a new interest rate term period of the bonds.

U.S. Bank NA is the paying agent.


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