New Jersey Economic calls $230.24 million of school facilities bonds

By Wendy Van Sickle

Columbus, Ohio, Aug. 3 – The New Jersey Economic Development Authority called $230,235,000 of school facilities construction refunding bonds, series 2005N-1 and 2005P, according to two notices.

The following series 2005N-1 bonds will be redeemed Sept. 1 at par plus accrued interest:

• $22,675,000 of 5.25% bonds due Sept. 1, 2016;

• $46,085,000 of 5% bonds due Sept. 1, 2017; and

• $25.74 million of 5% bonds due Sept. 1, 2018.

The following series 2005P bonds will be redeemed Sept. 1 at par plus accrued interest:

• $6,115,000 of 5.25% bonds due Sept. 1, 2016;

• $6,445,000 of 5.25% bonds due Sept. 1, 2017;

• $6.79 million of 5.25% bonds due Sept. 1, 2018;

• $7,155,000 of 5.25% bonds due Sept. 1, 2019;

• $7,545,000 of 5.25% bonds due Sept. 1, 2020;

• $7.95 million of 5.25% bonds due Sept. 1, 2021;

• $8.38 million of 5.25% bonds due Sept. 1, 2022;

• $8.83 million of 5.25% bonds due Sept. 1, 2023;

• $9,305,000 of 5.25% bonds due Sept. 1, 2024;

• $20,145,000 of 5.25% bonds due Sept. 1, 2026;

• $22,345,000 of 5.125% bonds due Sept. 1, 2028; and

• $24.73 million of 5% bonds due Sept. 1, 2030.

U.S. Bank NA is the trustee.

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