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Newark to redeem $10 million 1.75% tax anticipation notes due 2015
By Tali Rackner
Norfolk, Va., Dec. 30 – The City of Newark conditionally called $10 million of its 1.75% series 2014A tax anticipation notes, according to a notice.
The bonds, which are due Feb. 20, 2015, will be redeemed at par plus accrued interest on Dec. 31.
Following the transaction, $64,973,000 will remain outstanding.
TD Bank NA is the paying agent.
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