Michigan Tobacco Settlement calls $27.31 million 2006A, 2007A bonds

By Tali David

Minneapolis, May 16 - The Michigan Tobacco Settlement Finance Authority called $27,305,000 of its series 2006A and 2007A taxable tobacco settlement asset-backed bonds, according to two notices.

The following will be redeemed at par plus accrued interest on June 1:

• $16.38 million of 7.309% 2006A bonds due June 1, 2034;

• $8.1 million of 5.125% 2007A senior current interest bonds due June 1, 2022; and

• $2,825,000 of 5.25% 2007A senior current interest bonds due June 1, 2022.

The Bank of New York Mellon Trust Co., NA is the trustee or agent.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.