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Published on 3/1/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

University of Michigan calls $5.68 million of 2002 revenue bonds

By Ashley Montgomery

Kansas City, Kan., March 1 - The Regents of the University of Michigan announced the redemption of $5.68 million of its $140 million variable-rate series 2002 general revenue bonds due April 1, 2032.

The bonds will be redeemed April 2 at par plus accrued interest to the redemption date.

There is currently $100,715,000 of the bonds outstanding.

Bank of New York Mellon Trust Co., NA is the agent.


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