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Published on 5/22/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Jersey Turnpike calls all $154.27 million turnpike revenue bonds

By Ashley Montgomery

Kansas City, Kan., May 22 - The New Jersey Turnpike Authority said it would redeem all $154.27 million of its outstanding series 2004 C-1 turnpike revenue bonds, according to a notice.

The bonds will be redeemed June 18 at par plus accrued interest to the redemption date.

The affected bonds include $28.03 million of 4.5% bonds due Jan. 1, 2031 and $126.24 million of 5% bonds due Jan. 1, 2035.

Bank of New York Mellon is the trustee.


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