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Kentucky Higher Education's 2008A bonds have mandatory tender
By Tali David
Minneapolis, Feb. 15 - The Kentucky Higher Education Student Loan Corp. said its senior series 2008A-1, 2008A-2 and 2008A-3 student loan revenue bonds are subject to mandatory tender, according to a notice.
On Feb. 20, Kentucky will purchase $300 million of the bonds, comprised of $179,525,000 of 2008A-1 bonds due June 1, 2037, $83.4 million of 2008A-2 bonds due June 1, 2038 and $37,075,000 of 2008A-3 bonds due June 1, 2038.
The bonds will be purchased at par plus accrued interest.
Wells Fargo Bank, NA is the trustee and tender agent.
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