New Jersey Economic Development refunds some school facilities bonds

By Marisa Wong

Milwaukee, May 24 - The New Jersey Economic Development Authority gave notice it has refunded a portion of its school facilities construction bonds, series 2003F and 2004G.

Refunded are the following 2003F bonds:

• $17.78 million of 5% bonds due June 15, 2010;

• $18.67 million of 5% bonds due June 15, 2011;

• $19.605 million of 5% bonds due June 15, 2012; and

• $20.585 million of 5% bonds due June 15, 2013.

Refunded are the following 2004G bonds:

• $17.685 million of 4% bonds due Sept. 1, 2010;

• $18.5 million of 5% bonds due Sept. 1, 2011; and

• $19.45 million of 5% bonds due Sept. 1, 2012.

U.S. Bank NA is the agent.

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