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Tsasc calls all $370.79 million series 2002-1 tobacco settlement bonds
By Ashley Montgomery
Kansas City, Kan. June 15 - Tsasc, Inc. will redeem all of its $370.79 million series 2002-1 tobacco settlement asset-backed bonds, according to a notice.
The bonds will be redeemed July 15 at par.
The following bonds are affected:
• $7.47 million 5.5% bonds due July 15, 2013;
• $12,135,000 5% bonds due July 15, 2014;
• $107,325,000 5.5% bonds due July 15, 2024; and
• $243.86 million 5.75% bonds due July 15, 2032.
Bank of New York Mellon is the agent.
The issuer was created to issue and sell bonds to fund New York City's capital program.
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