New Mexico Educational Assistance calls all $385.97 million 2008 bonds

By Marisa Wong

Madison, Wis., Aug. 13 - The New Mexico Educational Assistance Foundation said it will redeem its senior series 2008 A-1, A-2 and A-3 education loan bonds totaling $385.97 million in full on Aug. 31, according to a notice.

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

Affected are $193 million of variable-rate 2008 A-1 bonds due April 1, 2036; $75 million of variable-rate 2008 A-2 bonds due April 1, 2036; and $117.975 million of variable-rate 2008 A-3 bonds due April 1, 2036.

Zions First National Bank is the trustee.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.