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New Jersey Health Care calls some Jersey City Medical Center bonds
By Marisa Wong
Madison, Wis., July 6 - New Jersey Health Care Facilities Financing Authority said it will redeem $2.7 million of its $51.46 million of outstanding Jersey City Medical Center series 2001 FHA-insured mortgage revenue bonds on Aug. 1.
The 5% bonds due Aug. 1, 2031 will be redeemed at par plus accrued interest to the redemption date.
The Trenton, N.J.-based authority issues bonds for the state's health care organizations, including the Jersey City teaching hospital.
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