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Published on 3/25/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Waco Education Finance, Texas, calls all 2008B Baylor University bonds

By Marias Wong

Madison, Wis., March 25 - Waco Education Finance Corp. of Texas said it will redeem its $73.875 million of outstanding Baylor University series 2008B tax-exempt variable-rate demand revenue refunding bonds in full on April 25.

The bonds, which are due Feb. 1, 2032, will be redeemed at par plus accrued interest to the redemption date.

Baylor is a private Baptist university located in Waco, Texas.


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