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Published on 11/9/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Connecticut Student Loan Foundation offers to buy auction-rate bonds

By Tali David

Minneapolis, Nov. 9 - Connecticut Student Loan Foundation announced that it has invited its auction-rate bonds owners to offer their bonds.

The invitation will expire at 5 p.m. ET on Dec. 6.

The foundation's $560.275 million in senior loan revenue bonds series 2004, 2006 and 2007 and $77.325 million in subordinate loan revenue bonds series 2004 and 2006 are eligible for the offer.

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

The foundation is located in Rocky Hill, Conn.


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