Massachusetts Development Finance calls series B, C Linden Ponds bonds

By Susanna Moon

Chicago, July 14 - Massachusetts Development Finance Agency said it will redeem the $54.73 million series B and series C revenue bonds issued for Linden Ponds, Inc. under a mandatory tender on July 24.

The agency said the Linden Ponds credit facility supporting the bonds issued by Fifth Third Bank NA will expire on July 31.

The bonds, which were issued on July 1, 2007, are subject to remarketing based on a new letter of credit.

Linden Ponds is based in Hingham, Mass.

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