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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item
Published on 9/22/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Nuveen California calls all $34.38 million of auction-rate preferreds

By Marisa Wong

Madison, Wis., Sept. 22 - The Nuveen California Premium Income Municipal Fund called all of its $34.375 million of outstanding auction-rate preferred securities for redemption on Oct. 15.

The auction-rate preferreds will be redeemed at par.

The redemption will be funded by proceeds from the issuance of MuniFund term preferred shares.

Nuveen is an investment management firm based in Chicago.


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