New Jersey Turnpike Authority calls $22.9 million of revenue bonds

By Marisa Wong

Madison, Wis., Dec. 1 - The New Jersey Turnpike Authority said it will redeem portions of its turnpike revenue bonds, series 1977 and 1984, on Jan. 1.

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

To be redeemed are $11.27 million of the authority's $51.09 million 1984 7% bonds due Jan. 1, 2014 and $11.63 million of its $202.415 million 1977 6% bonds due Jan. 1, 2014.

The Woodbridge, N.J.-based authority is responsible for maintaining the New Jersey Turnpike and the Garden State Parkway.

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