Tobacco Settlement, La., calls $36.11 million of asset-backed bonds

By Melissa Kory

Cleveland, May 2 - Tobacco Settlement Financing Corp. of Louisiana said it will redeem $36.11 million of its $209.64 million of 5.5% series 2001B tax-exempt asset-backed bonds due May 15, 2030.

The bonds will be redeemed on May 15 at par, plus accrued interest.

Bank of New York Mellon is the redemption agent.

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