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Published on 8/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

New Jersey Environmental calls $57.84 million infrastructure bonds

By Toni Weeks

San Diego, Aug. 1 - New Jersey Environmental Infrastructure Trust said it will redeem all $57,835,000 of its series 2002 A environmental infrastructure bonds on Sept. 1.

The bonds will be redeemed at 101 plus accrued interest up to the redemption date.

To be redeemed are the following bonds:

• $175,000 of 5% bonds due Sept. 1, 2012;

• $4.655 million of 5.25% bonds due Sept. 1, 2013;

• $4.87 million of 5.25% bonds due Sept. 1, 2014;

• $5.13 million of 5% bonds due Sept. 1, 2015;

• $5.385 million of 5% bonds due Sept. 1, 2016;

• $5.65 million of 5% bonds due Sept. 1, 2017;

• $5.805 million of 5% bonds due Sept. 1, 2018;

• $6.09 million of 5% bonds due Sept. 1, 2019;

• $6.375 million of 5% bonds due Sept. 1, 2020;

• $6.68 million of 5% bonds due Sept. 1, 2021; and

• $7.02 million of 4.75% bonds due Sept. 1, 2022.


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