TITLE

Vermont Student Assistance Agency to Issue $361 Million

AUTHOR(S)
D'Ambrosio, Gillian
PUB. DATE
May 2003
SOURCE
Bond Buyer;5/27/2003, Vol. 344 Issue 31643, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the Vermont Student Assistance Corp. will price $360.9 million in refunding and new-money variable-rate revenue bonds for education loans on May 28, 2003. The deal will feature $210.9 million in refunding of Series 1992A2, Series 1992B, and Series 1993A-I bonds. Proceeds from the new-money bonds will fund loans available for Vermont residents regardless of whether students attends an in-state college. The bonds will have maturities ranging from 2005 to 2037, and all will carry an enhanced triple-A rating through Ambac Assurance Corp.
ACCESSION #
9957315

 

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