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Published on 7/12/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Massachusetts retires $347.68 million education loan revenue bonds

By Susanna Moon

Chicago, July 12 - Massachusetts Educational Financing Authority repurchased its $347,675,000 of education loan revenue bonds, issue E, series 2002, series 2003, series 2004, series 2006 and series 2007.

The following bonds were repurchased and retired on June 27:

• $14 million 2002B bonds due Jan. 1, 2037;

• $7.1 million 2002D bonds due Jan. 1, 2037;

• $50 million 2003A bonds due Jan. 1, 2038;

• $17.95 million 2003B bonds due Jan. 1, 2038;

• $26.35 million 2003E bonds due Jan. 1, 2038;

• $22.65 million 2004B bonds due Jan. 1, 2038;

• $50 million 2006A-1 bonds due Jan. 1, 2036;

• $15,225,000 2006C bonds due Jan. 1, 2036;

• $41,475,000 2006D bonds due Jan. 1, 2036;

• $25 million 2007B bonds due Jan. 1, 2037;

• $42,175,000 2007C bonds due Jan. 1, 2037;

• $18.75 million 2007D bonds due Jan. 1, 2037; and

• $17 million 2007E bonds due Jan. 1, 2037.


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