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Published on 6/10/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

N.J. authority to redeem $65 million of 1994A water facilities bonds

By Devika Patel

Knoxville, Tenn., June 10 - The New Jersey Economic Development Authority said it will redeem in full its $65 million of 6.875% series 1994A water facilities revenue bonds for the New Jersey-American Water Co., Inc. Project.

The bonds will be redeemed at par plus interest to July 9, the redemption date.

U.S. Bank NA (800 934-6802) is the trustee.

The Trenton, N.J.-based authority offers financing programs and services in the state of New Jersey.


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