E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 1/20/2011 in the Prospect News Liability Management Daily, Prospect News Municipals Daily and Prospect News Preferred Stock Daily.

Nuveen Massachusetts to redeem $14.4 million auction-rate preferreds

By Toni Weeks

San Diego, Jan. 20 - Nuveen Massachusetts Premium Income Municipal Fund will redeem all of its outstanding TH series municipal auction-rate preferred securities at par on Feb. 16, according to a press release.

Each of the 576 shares has a liquidation preference of $25,000, and the redemption will total $14.4 million.

Nuveen is an investment management firm based in Chicago.


© 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.