Massachusetts Water Authority calls $75 million of multi-modal bonds

By Marisa Wong

Milwaukee, May 7 - The Massachusetts Water Resources Authority gave notice that it will redeem a portion of its multi-modal subordinated general revenue refunding bonds, 2008 series D and E, totaling $75 million on May 13.

The variable-rate bonds will be redeemed at par, plus accrued interest up to the redemption date.

To be redeemed are $60.9 million of $83.615 million series 2008D bonds due Aug. 1, 2011 and $14.1 million of $224.77 million series 2008E bonds due Aug. 1, 2037.

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