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Tobacco Settlement Financing, N.Y., calls part of 2003 revenue bonds
By Marisa Wong
Milwaukee, May 18 - The Tobacco Settlement Financing Corp. of New York plans to redeem a portion of its fixed-rate asset-backed revenue bonds, according to two notices.
The bonds will be redeemed on June 1 at par plus accrued interest up to the redemption date.
To be redeemed are $11.355 million of its $112.995 million of outstanding 5.5% series 2003B-1 bonds due 2014 and $65.34 million of its $117.645 million of outstanding 5.5% series 2003A-1C bonds due 2015.
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