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South Texas Higher Education calls portion of student loan bonds
By Marisa Wong
Milwaukee, March 24 - The South Texas Higher Education Authority gave notice that it will redeem $400,000 of its $75 million student loan revenue bonds, series 2003A-1, and $700,000 of its $59.75 million taxable student loan revenue bonds, series 2007A-1, on April 9.
The 2003A-1 variable-rate bonds, which are due Dec. 22, 2034, will be redeemed on April 16 at par plus accrued interest up to the redemption date.
The 2007A-1 variable-rate bonds, which are due Dec. 6, 2041, will be redeemed on April 9 at par plus accrued interest up to the redemption date.
Wells Fargo Bank, NA is the agent.
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