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Federated Student Finance rescinds redemption of 2004A-3 notes
By Marisa Wong
Madison, Wis., July 19 - The Federated Student Finance Corp. has rescinded the planned full redemption of its $53.9 million of series 2004A-3 student loan asset-backed notes, according to a notice.
The bonds, which are due June 1, 2040, were originally to be redeemed on July 21 at par plus accrued interest up to the redemption date.
Federated Student Finance is a non-profit corporation based in Waco, Texas.
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