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Published on 3/23/2010 in the Prospect News Municipals Daily.

Massachusetts to buy $158.95 million in Northeastern University bonds

By Devika Patel

Knoxville, Tenn., March 23 - The Massachusetts Health and Educational Facilities Authority said it will redeem in full its $87.2 million in series Q (2008) Northeastern University variable-rate demand revenue bonds due 2035 and its $71.75 million in series U (2008) Northeastern University variable-rate demand revenue bonds due 2022 at par plus interest to April 5, the redemption date.

U.S. Bank NA (800 934-6802) is the trustee.

The redemption is contingent on there being sufficient funds to pay the redemption price.


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