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Invesco Van Kampen Senior Income Trust to call auction-rate preferreds
New York, Oct. 25 - Invesco Advisers, Inc. said that the Invesco Van Kampen Senior Income Trust plans to redeem all of its $125 million of outstanding auction-rate cumulative preferred shares.
The preferreds will be redeemed at their liquidation preference plus accrued dividends.
The redemption is expected during November and will be funded with cash and proceeds from the issuance of variable-rate term preferred shares.
Invesco is an Atlanta-based investment advisor.
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