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Published on 5/16/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Jersey Economic calls $474.94 million of school facilities bonds

By Tali David

Minneapolis, May 16 - The New Jersey Economic Development Authority called $474,935,000 of its 2003 series F school facilities construction bonds, according to a notice.

The following bonds will be redeemed at par plus accrued interest on June 15:

• $21,665,000 of 5.25% bonds due June 15, 2014;

• $22,805,000 of 5.25% bonds due June 15, 2015;

• $24 million of 5.25% bonds due June 15, 2016;

• $25.26 million of 5.25% bonds due June 15, 2017;

• $26,585,000 of 5.25% bonds due June 15, 2018;

• $27.98 million of 5.25% bonds due June 15, 2019;

• $29.45 million of 5.25% bonds due June 15, 2020;

• $31 million of 5.25% bonds due June 15, 2021;

• $32,625,000 of 5.25% bonds due June 15, 2022;

• $34.34 million of 5% bonds due June 15, 2023;

• $36,055,000 of 5% bonds due June 15, 2024;

• $37,855,000 of 5% bonds due June 15, 2025;

• $39.75 million of 5% bonds due June 15, 2026; and

• $85,565,000 of 5% bonds due June 15, 2028.

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


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