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Published on 5/26/2009 in the Prospect News Municipals Daily.

New Jersey Economic Development to sell $186.8 million bonds Thursday

By Sheri Kasprzak

New York, May 26 - The New Jersey Economic Development Authority is set to price $186.8 million in series 2009AA school facilities construction refunding bonds on Thursday, according to a calendar of upcoming deals.

The bonds (//A+) will be sold through senior manager Morgan Stanley & Co. Inc.

The proceeds will be used to refund existing bonds used for school construction projects.


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