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Published on 12/4/2009 in the Prospect News Municipals Daily.

New Jersey Highway calls all Garden State Parkway bonds at 101

By Marisa Wong

Milwaukee, Dec. 4 - The New Jersey Highway Authority gave notice that it will redeem all $103.91 million of its outstanding Garden State Parkway revenue refunding bonds on Jan. 1.

The bonds will be redeemed at 101.

Affected are the following bonds:

• $1.425 million of 5.2% bonds due 2011,

• $4.74 million of 5.75% bonds due 2011,

• $850,000 of 5.3% bonds due 2012,

• $5.66 million of 5.75% bonds due 2012,

• $2.9 million of 5.4% bonds due 2013,

• $3.99 million of 5.75% bonds due 2013,

• $3.68 million of 5.5% bonds due 2014,

• $3.59 million of 5.75% bonds due 2014,

• $1.07 million of 5.5% bonds due 2015,

• $6.2 million of 5.75% bonds due 2015,

• $2.375 million of 5.6% bonds due 2016,

• $18.535 million of 5.6% bonds due 2017,

• $2.65 million of 5.75% bonds due 2018,

• $2.8 million of 5.7% bonds due 2019 and

• $43.445 million of 5.625% bonds due 2030.


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