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Published on 10/17/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

California Education Facilities calls $50 million bonds for Stanford

By Tali David

Minneapolis, Oct. 17 - California Education Facilities Authority has called for redemption its $50 million of series R Stanford University refunding revenue bonds due Nov. 1, 2021 at par, according to a release.

The redemption date is Nov. 11.

The Bank of New York Mellon (800 254-2826) is the agent.

The Sacramento-based authority provides tax-exempt, low-cost financing to private, non-profit higher education facilities.


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