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Published on 12/21/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Nassau County Industrial calls $50.87 million Hofstra University bonds

By Marisa Wong

Madison, Wis., Dec. 21 - Nassau County Industrial Development Agency said it will redeem $50.87 million of its outstanding series 1998 Hofstra University Project civic facility revenue and refunding bonds on Jan. 20.

The affected bonds include $19,945,000 of 5% bonds due July 1, 2023 and $30,925,000 of 4.75% bonds due July 1, 2028.

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

The Mineola, N.Y.-based agency promotes businesses within Nassau County, N.Y. Hofstra is a private college located in Hempstead, N.Y.


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