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Published on 12/7/2011 in the Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

TS&W/Claymore to redeem $105 million of preferred shares in January

By Ashley Montgomery

Kansas City, Kan., Dec. 7 - TS&W/Claymore Tax-Advantaged Balanced Fund intends to redeem $105 million of its auction market preferred shares, the company said in a filing with the Securities and Exchange Commission.

The company said it would redeem $52.5 million principal amount of series M7 shares on Jan. 10 and $52.5 million of series T28 shares on Jan. 11.


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