Massachusetts Development's Boston University series U-6A revenue bonds have mandatory tender

By Marisa Wong

Madison, Wis., Jan. 21 - The Massachusetts Development Finance Agency gave notice that its $62.85 million of Boston University variable-rate demand revenue bonds, series U-6A, are subject to mandatory tender for purchase on Jan. 31.

The bonds will be purchased at par plus accrued interest to the purchase date.

The mandatory tender follows a change in mode for the bonds to the index floating-rate mode from the daily mode, effective Jan. 31.

The Bank of New York Mellon Trust Co., NA is the trustee.

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