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State sells holdings in Student Loan Auction Rate Securities

Posted on 12:25 am, Tuesday, March 5, 2013. Tags: citigroup global capital markets, neil abercrombie, student loan auction rate securities

MEDIA RELEASE Gov. Neil Abercrombie has announced the state and Citigroup Global Capital Markets, Inc. (CGMI) agreed to have CGMI purchase all of the stateâ€™s approximately $231 million remaining balance of the Student Loan Auction Rate Securities (Securities) at full face value. The state purchased the Securities from CGMI back in February 2008. The market […]

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