New Jersey Health defeases 2007 AtlantiCare Regional Medical bonds

By Tali Rackner

Norfolk, Va., Dec. 15 – The New Jersey Health Care Facilities Financing Authority defeased its series 2007 revenue and refunding bonds issued for the AtlantiCare Regional Medical Center, according to a notice.

The following will be redeemed at par on July 1, 2017:

• $2,975,000 of 5% bonds due July 1, 2016, to be redeemed at maturity;

• $1 million of 4.3% bonds due July 1, 2017;

• $2,125,000 of 5% bonds due July 1, 2017;

• $3.27 million of 5% bonds due July 1, 2018;

• $3.44 million of 5% bonds due July 1, 2019;

• $3.61 million of 5% bonds due July 1, 2020;

• $3,785,000 of 5% bonds due July 1, 2021;

• $3,975,000 of 5% bonds due July 1, 2022;

• $4,175,000 of 5% bonds due July 1, 2023;

• $4,385,000 of 5% bonds due July 1, 2024;

• $4,605,000 of 5% bonds due July 1, 2025;

• $2.88 million of 5% bonds due July 1, 2026;

• $3,095,000 of 5% bonds due July 1, 2027; and

• $59.18 million of 5% bonds due July 1, 2037.

TD Bank, NA is the trustee.

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