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Published on 6/2/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

University of South Florida calls some series 2007 master lease COPs

By Marisa Wong

Madison, Wis., June 2 - USF Financing Corp. said it will redeem $1.575 million of its $72.125 million of outstanding variable-rate series 2007 master lease program certificates of participation due July 1, 2037.

The bonds will be redeemed on July 1 at par plus accrued interest to the redemption date.

USF Financing is a Tampa, Fla.-based nonprofit corporation that invests and administers property on behalf of the University of South Florida. The public university is also located in Tampa, Fla.


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