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Published on 8/8/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Massachusetts Development calls some Newbridge on the Charles bonds

By Marisa Wong

Madison, Wis., Aug. 8 - Massachusetts Development Finance Agency said it will redeem $2.18 million of its Newbridge on the Charles, Inc. variable-rate demand revenue bonds, series 2007B, due Jan. 1, 2048.

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

Wells Fargo Bank, NA is the agent.

The agency provides financial tools and real estate services in Massachusetts and is based in Boston. Newbridge on the Charles is a retirement community located in Dedham, Mass.


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