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Published on 9/3/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Jersey Economic Development calls portion of cigarette tax bonds

By Marisa Wong

Madison, Wis., Sept. 3 - The New Jersey Economic Development Authority said it will redeem $28.295 million of its outstanding series 2004 cigarette tax revenue bonds.

The bonds will be redeemed on Oct. 5 at par plus accrued interest up to the redemption date.

To be redeemed are $2.87 million of 5.625% bonds due June 15, 2017 and $25.425 million of 5.625% bonds due June 15, 2018.


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