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Published on 5/24/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

North Carolina Education Assistance to redeem $169.6 million series 2007 student loan bonds

By Marisa Wong

Milwaukee, May 24 - The North Carolina State Education Assistance Authority gave notice that it will redeem its tax-exempt guaranteed student loan revenue bonds, 2007 series S-3 and S-4, in full.

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

All $84.8 million of series S-3 bonds due July 1, 2037 will be redeemed June 25, and all $84.8 million of series S-4 bonds due July 1, 2037 will be redeemed July 1.


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