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Published on 5/13/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

South Carolina Tobacco Settlement authority calls some 2008 bonds

By Marisa Wong

Madison, Wis., May 13 - South Carolina Tobacco Settlement Revenue Management Authority said it will redeem $65.265 million of its outstanding series 2008 tobacco settlement asset-backed refunding bonds on June 1.

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

The Bank of New York Mellon Trust Co., NA is the trustee, registrar and agent.


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