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Tobacco Settlement, N.J., redeems $131.32 million of 2007-1A bonds
By Marisa Wong
Madison, Wis., June 3 - Tobacco Settlement Financing Corp. of New Jersey redeemed $131,315,000 of its series 2007-1A senior tobacco settlement asset-backed bonds on June 1, according to a notice.
The 4.5% bonds due June 1, 2023 were redeemed at par plus accrued interest to the redemption date.
The partial redemption was previously slated for June 3.
The Bank of New York Mellon is the trustee agent.
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