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Published on 9/23/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Massachusetts calls $1.24 million 2007A Wentworth Institute bonds

By Devika Patel

Knoxville, Tenn., Sept. 23 - The Massachusetts Development Finance Agency said it will redeem $1.24 million of its $47.83 million in series 2007A variable-rate demand revenue refunding bonds due Oct. 1, 2033, which were issued for Wentworth Institute of Technology, Inc. in November 2007.

The bonds will be redeemed at par plus accrued interest to Oct. 1, the redemption date.

Bank of New York Mellon Trust Co., NA (800 254-2826) is the trustee.

The agency provides financial tools and real estate services in Massachusetts. Both the agency and institute are based in Boston.


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