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Published on 11/15/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Massachusetts HEFA calls $66.1 million of Civic Investments bonds

By Ashley Montgomery

Kansas City, Kan., Nov. 15 - Massachusetts Health and Educational Facilities Authority will redeem a portion of its series A and B Civic Investments revenue bonds, according to a notice.

Affected is $21. 2 million of 9% series A bonds due Dec. 15, 2015; $14.9 million of 9.15% series B bonds due Dec. 15, 2023; and $30 million of 9.2% series B bonds due Dec. 15, 2031.

The bonds will be redeemed on Dec. 15.

The redemption price will be 102 for $62 million of the bonds and par for the remaining $4.1 million of the bonds. The price will also include accrued interest to the redemption date.

People's United Bank is the trustee.


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