Brazos Higher Education Authority calls 1999, 2006 student loan bonds

By Marisa Wong

Madison, Wis., June 21 - Brazos Higher Education Authority, Inc. said it will redeem in full its variable-rate student loan bonds, series 1999A-6, 2006A-2, 2006A-4 and 2006A-5.

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

Affected are the following bonds:

• $78.3 million of 1999A-6 revenue bonds due Dec. 1, 2033, to be redeemed July 6;

• $63.15 million of 2006A-2 asset-backed bonds due Dec. 1, 2042, to be redeemed July 13;

• $73.5 million of 2006A-4 asset-backed bonds due Dec. 1, 2042, to be redeemed July 20; and

• $74.2 million of 2006A-5 asset-backed bonds due Dec. 1, 2042, to be redeemed July 22.

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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