New Jersey Educational calls 2003L5 Montclair revenue bonds in full

By Tali Rackner

Norfolk, Va., June 3 - The New Jersey Educational Facilities Authority called the full $55.5 million of its series 2003L5 revenue bonds issued for Montclair State University, according to a notice.

The following bonds will be redeemed at par plus accrued interest on July 1:

• $2,255,000 of 5.125% bonds due July 1, 2015;

• $2.37 million of 5.125% bonds due July 1, 2016;

• $2,495,000 of 5.125% bonds due July 1, 2017;

• $2.62 million of 5.125% bonds due July 1, 2018;

• $2,755,000 of 5.125% bonds due July 1, 2019;

• $2,895,000 of 5.125% bonds due July 1, 2020;

• $3,045,000 of 5.125% bonds due July 1, 2021;

• $3.2 million of 5.125% bonds due July 1, 2022; and

• $33,865,000 of 5% bonds due July 1, 2034.

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

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