New Jersey Environmental Infrastructure calls $70.77 million bonds

By Melissa Kory

Cleveland, July 22 - The New Jersey Environmental Infrastructure Trust said it will redeem its $70.77 million of series 2001A bonds.

The bonds will be redeemed on Sept. 1 at 101 plus accrued interest to the redemption date.

The bonds affected include:

• $7.9 million of 5% bonds due Sept. 1, 2014;

• $8.3 million of 5% bonds due Sept. 1, 2015;

• $8.755 million of 5% bonds due Sept. 1, 2016;

• $8.345 million of 5% bonds due Sept. 1, 2017;

• $8.755 million of 5% bonds due Sept. 1, 2018;

• $9.165 million of 5% bonds due Sept. 1, 2019;

• $9.61 million of 4.75% bonds due Sept. 1, 2020; and

• $9.94 million of 4.75% bonds due Sept. 1, 2021.

BNY Mellon is the redemption agent.

Based in Lawrenceville, N.J., the trust provides low-cost financing to local governments for the construction of ground and surface water protection projects.

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