New Jersey Transit to redeem all $146.21 million series 2000B COPs

By Marisa Wong

Madison, Wis., Aug. 16 - The New Jersey Transit Corp. said it will redeem its $146.21 million of outstanding series 2000B certificates of participation in full on Sept. 15.

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

To be redeemed are the following bonds:

• $46.76 million of 5.75% bonds due Sept. 15, 2013;

• $50.57 million of 5.75% bonds due Sept. 15, 2014; and

• $48.88 million of 6% bonds due Sept. 15, 2015.

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