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Published on 5/2/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

University of Cincinnati calls $104.99 million general receipt bonds

By Melissa Kory

Cleveland, May 2 - University of Cincinnati said it will redeem its $104.99 million of series 2001A general receipt bonds on June 1 at 101 plus accrued interest to the redemption date.

The bonds affected are the following:

• $4.685 million of 5.5% bonds due June 1, 2013;

• $4.945 million of 5.5% bonds due June 1, 2014;

• $5.215 million of 5.75% bonds due June 1, 2015;

• $5.51 million of 5.75% bonds due June 1, 2016;

• $5.835 million of 5.75% bonds due June 1, 2017;

• $6.165 million of 5.75% bonds due June 1, 2018;

• $6.52 million of 5.75% bonds due June 1, 2019;

• $6.895 million of 5% bonds due June 1, 2020;

• $7.24 million of 5% bonds due June 1, 2021;

• $24.03 million of 5.25% bonds due June 1, 2024; and

• $27.95 million of 5% bonds due June 1, 2031.

Bank of New York Mellon is the redemption agent.


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