Union County, N.J., preps $80 million general improvement bonds sale

By Sheri Kasprzak

New York, June 13 - Union County in New Jersey is expected to price $80 million of series 2011 general improvement bonds on June 21, said a preliminary official statement.

The offering includes $65.565 million of series 2011 general improvement bonds, $10.28 million of series 2011 county vocational-technical school bonds, $3 million of series 2011 redevelopment bonds and $1.155 million of series 2011 county college bonds.

The bonds (Aaa/AA+/AAA) will be sold competitively with Suplee, Clooney & Co. as the financial adviser.

All of the bonds are due 2012 to 2031.

Proceeds will be used to refund existing bond anticipation notes.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.