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New Jersey Environmental Infrastructure calls $70.77 million bonds
By Melissa Kory
Cleveland, July 22 - The New Jersey Environmental Infrastructure Trust said it will redeem its $70.77 million of series 2001A bonds.
The bonds will be redeemed on Sept. 1 at 101 plus accrued interest to the redemption date.
The bonds affected include:
• $7.9 million of 5% bonds due Sept. 1, 2014;
• $8.3 million of 5% bonds due Sept. 1, 2015;
• $8.755 million of 5% bonds due Sept. 1, 2016;
• $8.345 million of 5% bonds due Sept. 1, 2017;
• $8.755 million of 5% bonds due Sept. 1, 2018;
• $9.165 million of 5% bonds due Sept. 1, 2019;
• $9.61 million of 4.75% bonds due Sept. 1, 2020; and
• $9.94 million of 4.75% bonds due Sept. 1, 2021.
BNY Mellon is the redemption agent.
Based in Lawrenceville, N.J., the trust provides low-cost financing to local governments for the construction of ground and surface water protection projects.
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