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Rhode Island redeems $44.64 million Providence College bonds
By Tali David
Minneapolis, Nov. 4 - The Rhode Island Educational Building Corp. redeemed $44.64 million of its series 2003A higher educational facilities revenue bonds issued for Providence College, according to a notice.
The following were redeemed at par plus accrued interest on Nov. 1:
• $3.21 million of 4.25% bonds due Nov. 1, 2014;
• $3.35 million of 4.375% bonds due Nov. 1, 2015;
• $3,495,000 of 4.5% bonds due Nov. 1, 2016;
• $3.65 million of 4.5% bonds due Nov. 1, 2017;
• $3,815,000 of 4.5% bonds due Nov. 1, 2018;
• $5.74 million of 5% bonds due Nov. 1, 2022; and
• $21.38 million of 5% bonds due Nov. 1, 2024.
Wells Fargo Bank, NA is the agent.
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