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Published on 3/28/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

North Carolina Education Assistance calls 2003M-1 student loan bonds

By Marisa Wong

Madison, Wis., March 28 - The State of North Carolina State Education Assistance Authority said it will redeem its $65 million of outstanding tax-exempt guaranteed student loan senior-lien revenue bonds, 2003 series M-1, in full on April 27.

The variable-rate bonds, which are due July 1, 2033, will be redeemed at par plus accrued interest to the redemption date.


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