Brazos Higher Education calls 2006, 2007 student loan revenue bonds

By Marisa Wong

Madison, Wis., June 17 - Brazos Higher Education Authority, Inc. said it will redeem in full its variable-rate student loan revenue bonds, series 2006A-3, 2006A-4, 2006A-5 and 2007A-1.

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

Affected are the following bonds:

• $95.8 million of 2006A-5 bonds due June 1, 2042, to be redeemed July 15;

• $56.9 million of 2006A-3 bonds due June 1, 2042, to be redeemed July 21;

• $56.9 million of 2006A-4 bonds due June 1, 2042, to be redeemed July 22; and

• $61.6 million of 2007A-1 bonds due June 1, 2043, to be redeemed July 27.

The company is part of Waco, Texas-based Brazos Higher Education Service Corp., Inc., which provides management services to nonprofit higher education financing corporations.

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