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Published on 9/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Jersey authority calls $60.68 million Cedar Crest Village bonds

By Marisa Wong

Madison, Wis., Sept. 1 - New Jersey Economic Development Authority said it will redeem its $60.675 million of outstanding Cedar Crest Village, Inc. Project series 2006B variable-rate demand revenue refunding bonds due Jan. 1, 2036 on Oct. 3.

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

Wells Fargo Bank, NA is the trustee and agent.

Cedar Crest is an Erickson Living retirement community located in Pompton Plains, N.J.


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