New Jersey Economic's 2003A Port Newark bonds have mandatory tender

By Tali Rackner

Norfolk, Va., April 16 - The New Jersey Economic Development Authority's series 2003A special facility revenue bonds issued for Port Newark Container Terminal LLC Project are subject to mandatory tender, according to a notice.

The notes will be purchased at par plus accrued interest on April 25, provided that the existing letter of credit is drawn upon to pay the purchase price of tendered bonds that have not been remarketed.

U.S. Bank NA is the trustee.

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