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Passaic County Improvement Authority, N.J., calls all 2005 Preakness lease revenue bonds
By Tali Rackner
Norfolk, Va., April 6 – The Passaic County Improvement Authority, N.J., called all of its series 2005 lease revenue bonds issued for the Preakness HealthCare Center Expansion project, according to a notice.
The following will be redeemed at par plus accrued interest on May 1:
• $1,675,000 of 5% bonds due May 1, 2016;
• $1.76 million of 5% bonds due May 1, 2017;
• $1,845,000 of 4% bonds due May 1, 2018;
• $1.92 million of 4.125% bonds due May 1, 2019;
• $2 million of 4.2% bonds due May 1, 2020;
• $2,085,000 of 4.25% bonds due May 1, 2021;
• $2.18 million of 4.3% bonds due May 1, 2022;
• $2,275,000 of 4.375% bonds due May 1, 2023;
• $2,385,000 of 5% bonds due May 1, 2024;
• $2,505,000 of 5% bonds due May 1, 2025;
• $5,405,000 of 5% bonds due May 1, 2027;
• $9.19 million of 5% bonds due May 1, 2030; and
• $18,745,000 of 5% bonds due May 1, 2035.
U.S. Bank NA is the trustee or agent.
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