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Published on 12/17/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Jersey Turnpike calls $2.02 million of its series C revenue bonds

By Tali David

Minneapolis, Dec. 17 - The New Jersey Turnpike Authority called $2,015,000 of its FGIC transferable custodial receipts related to its series C turnpike revenue refunding bonds, according to a notice.

The certificates will be redeemed at par plus accrued interest on Jan. 1.

Following the transaction, $8.37 million will remain outstanding.

U.S. Bank Trust, NA is the custodian.


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