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Published on 8/7/2009 in the Prospect News Municipals Daily.

District of Columbia to redeem $113.45 million Georgetown University revenue refunding bonds

By Jennifer Chiou

New York, Aug. 7 - The District of Columbia announced the optional redemption of the outstanding $113.45 million of its original $180.4 million of Georgetown University revenue refunding series 1999A bonds due April 1, 2021.

The Bank of New York Mellon (973 247-4740) is the trustee for the select auction-rate variable securities.

The redemption price is par plus accrued interest to the Sept. 9 redemption date.


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