Michigan Municipal Bond calls remaining 2008A school loan bonds

By Marisa Wong

Madison, Wis., Dec. 15 - The Michigan Municipal Bond Authority said it will redeem all of its outstanding series 2008A federally taxable school loan revolving fund revenue and refunding bonds on Dec. 16.

The weekly mode bonds will be redeemed at par plus accrued interest to the redemption date.

To be redeemed are the following bonds:

• $152.7 million of 2008A-1 bonds due Sept. 1, 2048;

• $131.7 million of 2008A-2 bonds due Sept. 1, 2048;

• $118.96 million of 2008A-3 bonds due Sept. 1, 2048; and

• $131.8 million of 2008A-4 bonds due Sept. 1, 2048.

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

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