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Published on 2/19/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Michigan Finance calls $31.61 million of its 2013 B-1 state aid notes

By Tali Rackner

Norfolk, Va., Feb. 19 - The Michigan Finance Authority called $31,612,114 of its series 2013 B-1 state aid revenue notes, according to a notice.

On March 20, the authority will redeem $5,826,400 and $25,785,714 of its 0.43% bonds due July 21, 2014.

The notes will be redeemed at par plus accrued interest to the redemption date.

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


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