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Published on 5/5/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Jersey Building Authority calls portion of 2003 series A bonds

By Marisa Wong

Milwaukee, May 5 - The New Jersey Building Authority plans to redeem a portion of its state building revenue bonds 2003 series A-1, A-2 and A-3, according to three separate notices.

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

The 2003 A-1 and A-2 bonds will be redeemed on June 9, and the 2003 A-3 bonds will be redeemed on June 11.

To be redeemed are $1.225 million of outstanding 2003A-1 bonds due 2023, $1 million of outstanding 2003 A-2 bonds due 2023 and $675,000 of outstanding 2003 A-3 bonds due 2023.


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