Finance Authority of Maine redeems $304 million education loan bonds

By Melissa Kory

Cleveland, April 21 - The Finance Authority of Maine said it redeemed $304 million of senior education loan revenue bonds.

Bonds redeemed included the following:

• $69.5 million of series 2003A bonds;

• $47.5 million of series 2005A-1 bonds;

• $47 million of series 2005A-2 bonds;

• $50 million of series 2007A-1 bonds;

• $50 million of series 2007A-2 bonds; and

• $40 million of series 2007A-3 bonds.

Bank of New York Mellon is the redemption agent.

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