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Published on 11/22/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Montana Higher Education calls all 1999F University of Montana bonds

By Marisa Wong

Madison, Wis., Nov. 22 - The State of Montana Board of Regents of Higher Education said it will redeem its University of Montana facilities improvement and refunding revenue bonds, 1999 series F, in full on Dec. 21.

The bonds will be redeemed at 102 plus accrued interest to the redemption date.

To be redeemed are the following bonds:

• $345,000 of 5.35% bonds due May 15, 2011;

• $915,000 of 5.25% bonds due May 15, 2012;

• $955,000 of 5.55% bonds due May 15, 2013;

• $965,000 of 5.375% bonds due May 15, 2014;

• $1.225 million of 5.75% bonds due May 15, 2015;

• $2.935 million of 5.75% bonds due May 15, 2016;

• $4.885 million of 5.75% bonds due May 15, 2017;

• $5.125 million of 5.75% bonds due May 15, 2018;

• $5.22 million of 6% bonds due May 15, 2019;

• $5.535 million of 5.75% bonds due May 15, 2020;

• $28.43 million of 5.75% bonds due May 15, 2024.


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