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Published on 6/3/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Jersey EFA calls $56.68 million of series 2002F revenue bonds

By Wendy Van Sickle

Columbus, Ohio, June 3 – The New Jersey Educational Facilities Authority has called $56,675,000 in Montclair State University series 2002F revenue bonds, according to a redemption notice.

The bonds will be redeemed July 1 at par plus accrued interest. They include:

• $2,625,000 of 5% bonds due 2016;

• $2,725,000 of 5% bonds due 2017;

• $2.85 million of 5% bonds due 2018;

• $2,425,000 of 5% bonds due 2019;

• $3,125,000 of bonds due 2020;

• $3.3 million of 4.25% bonds due 2021;

• $3.4 million of 4.25% bonds due 2022;

• $3,575,000 of 4.25% bonds due 2023;

• $3,725,000 of 5% bonds due 2024;

• $3.85 million of 5% bonds due 2025; and

• $25,075,000 of bonds due 2032.

All of the bonds have a due date of July 1 of their respective years.

U.S. Bank NA is the trustee.


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