Oklahoma Student Loan extends tender offer for its bonds and notes

By Ashley Montgomery

Kansas City, Kan., Dec. 23 - The Oklahoma Student Loan Authority announced an offer to tender for purchase certain of its series 2001A-2, 2001A-3 and 2004A-3 bonds and notes dated Dec. 23, 2011.

The affected bonds include the following:

• $30.9 million of series 2001A-2 senior taxable auction-rate bonds due Dec. 1, 2031;

• $15 million of series 2001A-3 senior taxable auction-rate bonds due Dec. 1, 2031; and

• $100 million of series 2004A-3 senior taxable floating-rate notes due Sept. 1, 2034.

The authority will purchase up to $47 million of the tendered bonds and notes.

Bank of Oklahoma, NA is the trustee.

Based in Oklahoma City, the authority provides and services student loans.

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