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New Jersey Educational Facilities Authority to sell $891 million bonds
By Cristal Cody
Springdale, Ark., June 13 - The New Jersey Educational Facilities Authority plans to price $891 million bonds for educational institutions in the current second quarter and upcoming third quarter, according to a sale calendar.
The authority intends to sell $130 million renovation and debt restructuring bonds for the Richard Stockton College of New Jersey in the current second quarter.
In the third quarter, the authority expects to price $275 million refinancing bonds for the University of Medicine and Dentistry of New Jersey; $156 million debt restructuring bonds for Kean University; $80 million debt restructuring bonds for Seton Hall University and $250 million improvement bonds for Princeton University.
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