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Michigan Strategic Fund rescinds $220 million 2008 Van Andel bond call
By Tali David
Minneapolis, Sept. 19 - Michigan Strategic Fund rescinded its call for all $220 million of series 2008 Van Andel Research Institute Project adjustable-rate demand limited obligation revenue and refunding revenue bonds, according to a notice.
The bonds, which are due April 1, 2043, were to be redeemed at par plus accrued interest on Oct. 1. The Van Andel institute conducts biomedical research and is based in Grand Rapids
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