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N.Y. Tobacco Settlement to redeem $95.46 million in asset-backed bonds
By Devika Patel
Knoxville, Tenn., April 29 - The Tobacco Settlement Financing Corp. of the state of New York announced that it will redeem $47.92 million of its 5.75% series 2002 asset-backed bonds and $47.54 million of its 6.125% series 2003 asset-backed bonds at par plus interest to June 1, the redemption date.
U.S. Bank (800 934-6802) is the trustee.
The Tobacco Settlement Financing Corp. is a public benefit corporation of the State of New York.
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