Northern Tobacco Securitization, Alaska, calls all series 2001 bonds

By Marisa Wong

Madison, Wis., April 27 - Northern Tobacco Securitization Corp. said it will redeem in full its outstanding series 2001 tobacco settlement asset-backed bonds on June 1.

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

Affected are $15.645 million of 5.375% bonds due June 1, 2021 and $54.205 million of 5.5% bonds due June 1, 2029.

Northern Tobacco Securitization is a nonprofit public corporation in Alaska.

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