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Published on 6/28/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Montana Higher Education calls $90 million 2007 student loan bonds

By Marisa Wong

Milwaukee, June 28 - Montana Higher Education Student Assistant Corp. said it will redeem a total of $90 million of its senior series 2007 student loan revenue bonds on June 30.

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

Affected are the following bonds:

• $54 million of 2007 A bonds due June 1, 2043;

• $18 million of 2007 B bonds due June 1, 2043; and

• $18 million of 2007 C bonds due June 1, 2043.

Wells Fargo Bank, NA is the agent.


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