New Jersey Sport and Exposition Authority to price $279.7 million in debt securities

By Sheri Kasprzak

New York, April 21 - The New Jersey Sports and Exposition Authority plans to price $279.7 million in debt securities in the coming week, a calendar of upcoming offerings said.

The bonds will be sold on a negotiated basis with Morgan Stanley as the lead manager.

The exact pricing date has not been set.

The authority plans to use the proceeds to refinance its outstanding series 2002B variable-rate contract bonds and to terminate a related swap.

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