Arkansas Student Loan calls $51.6 million of 2004A-1, 2005A-1 bonds

By Marisa Wong

Milwaukee, June 21 - The Arkansas Student Loan Authority said that it will redeem portions totaling $51.6 million of its outstanding student loan revenue bonds senior series 2004A-1 and 2005A-1.

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

The securities include $11.8 million of 2004A-1 bonds due Dec. 1, 2038, to be redeemed July 12, and $39.8 million of 2005A-1 bonds due Dec. 1, 2039, to be redeemed July 7.

Regions Bank is the trustee.

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