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Published on 11/25/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Jersey Building calls $186.76 million of its 2002B and 2003A bonds

By Tali David

Minneapolis, Nov. 25 - The New Jersey Building Authority called $36,385,000 of its series 2002B state building revenue and refunding bonds and $150,375,000 of its series 2003A state building revenue bonds, according to multiple notices.

The following 2002B bonds will be redeemed at par plus accrued interest on Dec. 23:

• $17.69 million of 5.25% bonds due Dec. 15, 2014;

• $915,00 of 5.25% bonds due Dec. 15, 2015; and

• $17.78 million of 5.25% bonds due Dec. 15, 2015.

The following 2003A bonds will be redeemed at par plus accrued interest on Dec. 17:

• $45,025,000 of 2003A-1 bonds due June 15, 2023;

• $45.15 million of 2003A-2 bonds due June 15, 2023;

• $30.1 million of 2003A-3 bonds due June 15, 2023; and

• $30.1 million of 2003A-4 bonds due June 15, 2023.

U.S. Bank NA is the trustee or agent.


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