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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 7/28/2011 in the Prospect News Liability Management Daily, Prospect News Municipals Daily and Prospect News Preferred Stock Daily.

Nuveen Arizona to redeem $27.88 million auction-rate preferreds

By Toni Weeks

San Diego, July 28 - Nuveen Arizona Premium Income Municipal Fund, Inc. will redeem its TH municipal auction-rate cumulative preferred shares, according to a filing with the Securities and Exchange Commission.

On Aug. 24, the 1,115 preferreds will be redeemed at the liquidation preference of $25,000 per preferred, and the redemption will total $27,875,000.

Nuveen is an investment management firm based in Chicago.


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