New Jersey coordinates $141.66 million general obligation bond offering

By Sheri Kasprzak

New York, March 18 – The State of New Jersey is scheduled to price $141,655,000 of series T general obligation bonds on Tuesday, according to a preliminary official statement.

The bonds will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager. The co-managers are RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC.

The bonds are due 2017 to 2023.

Proceeds will be used to refund the state’s series 2004, 2007 and 2009 general obligation bonds.

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