California authority Saint Mary's College bonds have mandatory tender

By Ashley Montgomery

Kansas City, Kan., Sept. 18 - California Educational Facilities Authority said its $65.2 million Saint Mary's College of California revenue bonds, series 2007, are subject to mandatory tender.

The bonds will be redeemed on Oct. 3 at par plus accrued interest.

The bonds are subject to tender because of amendments to the indenture and loan agreement.

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