Nuveen Virginia Dividend Advantage Municipal Fund 2 Issues At-Par Redemption Notice for Auction-Rate Preferred Securities
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Wed, 04 Nov 2009 21:29:32 GMT |
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CHICAGO - (Business Wire) Nuveen Virginia Dividend Advantage Municipal Fund 2 (AMEX: NNB) today called for a full redemption at par of its outstanding auction-rate preferred securities (ARPS). This redemption will be funded by proceeds received from the issuance of MuniFund Term Preferred Shares (MTP). NNB is redeeming all of its $36.925 million of currently outstanding ARPS. | | | | | | | | | | | | | | | | | | | | Series | | | Cusip # | | | Total Shares
Redeemed | | | Total Amount
Redeemed | | | Redemption
Date | | | | M | | | 67071C205 | | | 1,477 | | | $36,925,000 | | | November 27, 2009 | For more information about Nuveen closed-end funds, visit www.nuveen.com/cef. ARPS information and updates are posted on Nuveen’s auction-rate preferred resource center at www.nuveen.com/arps. Nuveen Investments provides high quality investment services designed to help secure the long-term goals of institutions and high net worth investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of HydePark, NWQ, Nuveen, Santa Barbara, Symphony, Tradewinds and Winslow Capital. In total, the Company managed $128 billion of assets on June 30, 2009.
Nuveen Investments
Media Contact:
Kristyna Sujata
312-917-8343
KRISTYNA.SUJATA@NUVEEN.COM
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