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Published on 2/9/2010 in the Prospect News Municipals Daily.

Colorado aims to redeem $7 million of its student loan revenue bonds

By Devika Patel

Knoxville, Tenn., Feb. 9 - CollegeInvest of Colorado may redeem $6 million of its series 2003 VIII-A2 student loan revenue bonds due Dec. 1, 2032 on March 1. It also said it will redeem $1 million of its series 1999 IV-A2 student loan revenue bonds due Dec. 1, 2032 on March 11.

The 2003 auction-rate bonds will be redeemed at par plus interest to Feb. 28. The 1999 auction-rate bonds will be redeemed at par plus interest to March 10.

The record date is Feb. 26 for the 2003 bonds and March 10 for the 1999 bonds.

Zions First National Bank (888 416-5176) is the trustee.


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