Tobacco Settlement of New York calls $39.84 million of 2001B bonds

By Tali David

Minneapolis, April 30 - Tobacco Settlement Financing Corp. of the State of New York will redeem $39,835,000 of its series 2001B asset-backed tax-exempt bonds, according to a redemption notice.

The 5.5% bonds due May 15, 2030 will be redeemed at par plus accrued interest on May 15.

Following the transaction, $133,695,000 of the bonds will remain outstanding.

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

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