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Published on 1/30/2014 in the Prospect News Liability Management Daily, Prospect News Municipals Daily and Prospect News Preferred Stock Daily.

Two Nuveen municipal funds to redeem MuniFund term preferred shares

By Tali Rackner

Minneapolis, Jan. 30 - Nuveen Investments said the Nuveen North Carolina Premium Income Municipal Fund and the Nuveen Connecticut Premium Income Municipal Fund will redeem all of their MuniFund term preferred shares on March 3.

The shares will be redeemed at $10 liquidation value per share, plus distribution amounts owed, according to a press release.

Computershare Inc. is the redemption and paying agent.

Nuveen is a Chicago-based investment services company.


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