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Tobacco Settlement, N.J., calls $131.32 million of asset-backed bonds
By Marisa Wong
Madison, Wis., May 6 - Tobacco Settlement Financing Corp. of New Jersey plans to redeem $131,315,000 of its series 2007-1A senior tobacco settlement asset-backed bonds, according to a notice.
The 4.5% bonds, due June 1, 2023 will be redeemed at par plus accrued interest to the redemption date.
The partial redemption is slated for June 3.
The Bank of New York Mellon is the trustee agent.
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