New Jersey Educational defeases some 2008D College of New Jersey bonds

By Tali Rackner

Norfolk, Va., Sept. 22 – The New Jersey Educational Facilities Authority defeased its series 2008 D revenue refunding bonds issued for the College of New Jersey, according to a notice.

The following will be redeemed at par plus accrued interest on July 1, 2018:

• $3.99 million of 5% bonds due July 1, 2019;

• $7.65 million of 5% bonds due July 1, 2020;

• $8,065,000 of 5% bonds due July 1, 2021;

• $8 million of 5% bonds due July 1, 2022;

• $8,455,000 of 5% bonds due July 1, 2023;

• $10.06 million of 5% bonds due July 1, 2024;

• $8.44 million of 5% bonds due July 1, 2025;

• $8.86 million of 5% bonds due July 1, 2026;

• $8,895,000 of 5% bonds due July 1, 2027;

• $9.34 million of 5% bonds due July 1, 2028; and

• $30.91 million of 5% bonds due July 1, 2035.

U.S. Bank NA is the escrow agent.

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