New Jersey Transportation calls 1998A, 2007A transportation bonds

By Marisa Wong

Madison, Wis., Oct. 25 - The New Jersey Transportation Trust Fund Authority said it will redeem its 1998 series A and 2007 series A transportation system bonds on Nov. 23.

The bonds will be redeemed at par plus accrued interest up to the redemption date.

The authority will redeem $102.83 million of 1998A 4.5% bonds due June 15, 2019 and the following 2007A bonds:

• $5.685 million of 3.625% bonds due Dec. 15, 2010;

• $16.775 million of 3.75% bonds due Dec. 15, 2011;

• $17.42 million of 3.75% bonds due Dec. 15, 2012;

• $98.23 million of 4% bonds due Dec. 15, 2017;

• $11.485 million of 4.5% bonds due Dec. 15, 2022; and

• $109.23 million of 4.25% bonds due Dec. 15, 2022.

TD Bank, NA is the agent.

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