South Carolina State Education calls $360,000 loan revenue bonds

By Melissa Kory

Cleveland, March 14 - The South Carolina State Education Assistance Authority said it will redeem $360,000 of its series 2009-1 student loan revenue bonds.

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

The bonds affected include:

• $5,000 of its $520,000 of 3.8% bonds due Oct. 1, 2015;

• $5,000 of its $605,000 of 4.05% bonds due Oct. 1, 2016;

• $10,000 of its $2.16 million of 4.25% bonds due Oct. 1, 2017;

• $15,000 of its $2.595 million of 4.4% bonds due Oct. 1, 2018;

• $15,000 of its $3.455 million of 4.55% bonds due Oct. 1, 2019;

• $20,000 of its $3.675 million of 4.6% bonds due Oct. 1, 2020;

• $25,000 of its $5.185 million of 4.625% bonds due Oct. 1, 2021;

• $35,000 of its $6.915 million of 4.7% bonds due Oct. 1, 2022;

• $85,000 of its $17.285 million of 5% bonds due Oct. 1, 2024; and

• $145,000 of its $30.63 million of 5.1% bonds due Oct. 1, 2029.

Bank of New York Mellon Trust Co., NA is the redemption agent.

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