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Published on 8/14/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Jersey Environmental to redeem all series 2005A bonds on Sept. 1

By Tali Rackner

Norfolk, Va., Aug. 14 – The New Jersey Environmental Infrastructure Trust plans to redeem all of its series 2005A bonds, according to a notice.

The following will be redeemed at par plus accrued interest on Sept. 1:

• $6,265,000 of 4% bonds due Sept. 1, 2015;

• $6,445,000 of 4% bonds due Sept. 1, 2016;

• $6,715,000 of 4% bonds due Sept. 1, 2017;

• $6.98 million of 4.25% bonds due Sept. 1, 2018;

• $7.29 million of 4.25% bonds due Sept. 1, 2019;

• $7.57 million of 4.5% bonds due Sept. 1, 2020;

• $7.86 million of 4.375% bonds due Sept. 1, 2021;

• $7.81 million of 4.375% bonds due Sept. 1, 2022;

• $7.91 million of 4.375% bonds due Sept. 1, 2023;

• $8,235,000 of 4.375% bonds due Sept. 1, 2024; and

• $8,195,000 of 4.375% bonds due Sept. 1, 2025.

U.S. Bank NA is the trustee.


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