Massachusetts to redeem $4.8 million series 2007-A variable-rate bonds

By Devika Patel

Knoxville, Tenn., May 4 - The Massachusetts Development Finance Agency said it will redeem $4.8 million of its $73.36 million in series 2007-A variable-rate demand revenue bonds issued for Northfield Mount Hermon School.

The bonds will be redeemed at par plus interest to June 4, the redemption date.

People's United Bank is the trustee.

Based in Boston, the agency provides financial tools and real estate services in Massachusetts.

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