Arkansas Student Loan calls three auction-rate revenue bonds series

By Marisa Wong

Milwaukee, June 30 - The Arkansas Student Loan Authority said it will redeem portions of its outstanding reset auction-mode student loan revenue bonds, senior series 2004A-2, 2005A-2 and 2005A-3.

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

Affected are the following bonds:

• $16.9 million of 2004A-2 bonds due Dec. 1, 2038 to be redeemed July 19;

• $24.85 million of 2005A-2 bonds due Dec. 1, 2039 to be redeemed July 14; and

• $30.55 million of 2005A-3 bonds due Dec. 1, 2039 to be redeemed July 21.

Regions Bank is the trustee.

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