Massachusetts Development calls $7.78 million Groves Indiana bonds

By Melissa Kory

Cleveland, Feb. 8 - The Massachusetts Development Finance Agency announced that it will redeem its $7.775 million of 6.25% series 2009B2 Groves Indiana Lincoln senior living facility revenue bonds due June 1, 2014.

The bonds will be redeemed on March 1 at par plus accrued interest to the redemption date.

Wells Fargo Bank, NA is the redemption agent.

Based in Boston, the agency provides funding for health-care and educational facilities throughout the commonwealth.

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