Purdue University stops redemption of 2007C student facilities bonds

By Marisa Wong

Madison, Wis., Dec. 8 - Purdue University rescinded the planned redemption of all $61.725 million of its outstanding student facilities system adjustable demand revenue bonds, series 2007C, according to a notice.

The bonds were originally to be redeemed on Dec. 15 at par plus accrued interest up to the redemption date.

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

The university is located in West Lafayette, Ind.

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