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University of Massachusetts authority cancels 2008-3, 2008-4 bond call
By Marisa Wong
Madison, Wis., June 6 - University of Massachusetts Building Authority rescinded the planned redemption of its weekly rate refunding revenue bonds, senior series 2008-3 and 2008-4, according to notices.
The bonds were originally to be redeemed on June 9 at par plus accrued interest to the redemption date.
Affected were $135.04 million of 2008-3 bonds due Nov. 1, 2034 and $101.7 million of 2008-4 bonds due Nov. 1, 2034.
U.S. Bank NA is the trustee.
The Boston-based authority builds facilities on the University of Massachusetts campuses financed from student fees.
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