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Published on 6/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Atlantic County Improvement, N.J., calls some convention center bonds

By Marisa Wong

Madison, Wis., June 1 - Atlantic County Improvement Authority of New Jersey said it will redeem $7.4 million of its $55.8 million outstanding 7.4% 1995 convention center bonds due July 1, 2016.

The bonds will be redeemed on July 1 at par plus accrued interest to the redemption date.

The Mays Landing, N.J.-based authority is responsible for financing the improvement of schools, municipal buildings, transportation facilities, housing developments, infrastructure redevelopment, roadway construction and beautification and convention facilities.


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