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Published on 4/29/2011 in the Prospect News Municipals Daily.

New Jersey Transportation Trust Fund to sell $600 million of bonds

By Sheri Kasprzak

New York, April 29 - The New Jersey Transportation Trust Fund is set to bring to market $600 million of series 2011A transportation system bonds, said sources familiar with the offering.

The bonds (A1/AA) will be sold on a negotiated basis on Wednesday.

Proceeds will be used to fund transportation-related capital projects.


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