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Published on 12/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Washington, N.J., board of education calls $46.57 million of bonds

By Ashley Montgomery

Kansas City, Kan., Dec. 1 - The Board of Education of the Township of Washington, N.J., said it would redeem all $46.567 million outstanding of Board of Education school bonds due Jan. 1, 2013.

The bonds will be redeemed at par on Jan. 1, 2012.

The following bonds are affected:

• $1.525 million of 4.75% bonds due Jan. 1, 2013;

• $1.615 million of4.75% bonds due Jan. 1, 2014;

• $1.71 million of 4.75% bonds due Jan. 1, 2015;

• $1.97 million of 4.75% bonds due Jan. 1, 2016;

• $2.075 million of 4.75% bonds due Jan. 1, 2017;

• $2.18 million of 4.75% bonds due Jan. 1, 2018;

• $2.3 million of 4.75% bonds due Jan. 1, 2019;

• $2.975 million of 4.75% bonds due Jan. 1, 2020;

• $3.13 million of 4.75% bonds due Jan. 1, 2021;

• $3.295 million of 4.875% bonds due Jan. 1, 2022;

• $3.47 million of 4.875% bonds due Jan. 1, 2023;

• $3.655 million of 4.87% bonds due Jan. 1, 2024;

• $3.85 million of 4.9% bonds due Jan. 1, 2025;

• $4.05 million of 5% bonds due Jan. 1, 2026;

• $4.27 million of 5% bonds due Jan. 1, 2027; and

• $4.497 million of 5% bonds due Jan. 1, 2028.

Bonds are to be presented to the Robbinsville Board of Education, 155 Robbinsville Edinburg Rd., Robbinsville, N.J., for redemption.

U.S. Bank, NA is the agent.


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