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Tobacco Settlement Authority, Iowa, calls $557.31 million 5.5% bonds
By Melissa Kory
Cleveland, May 2 - The Tobacco Settlement Authority of Iowa said that it will redeem its $557.31 million of 5.5% series 2001 asset-backed bonds due on June 1 in 2012, 2013, 2014, 2025 and 2035.
The bonds will be redeemed on June 1 at 101 plus accrued interest.
Bank of New York Mellon is the redemption agent.
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