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New Jersey Turnpike to redeem $788.82 million revenue bonds on July 1
By Marisa Wong
Madison, Wis., June 3 - New Jersey Turnpike Authority gave notice that it will redeem its outstanding series 2003 A turnpike revenue bonds on July 1.
The following bonds will be redeemed at par plus accrued interest to the redemption date:
$198.19 million of 5% bonds due Jan. 1, 2019;
$79,125,000 of 5% bonds due Jan. 1, 2020;
$41.97 million of 5% bonds due Jan. 1, 2021;
$32.5 million of 5% bonds due Jan. 1, 2022;
$32,545,000 of 5% bonds due Jan. 1, 2023;
$32 million of 4.75% bonds due Jan. 1, 2024;
$54,875,000 of 4.75% bonds due Jan. 1, 2025;
$117,835,000 of 5% bonds due Jan. 1, 2027; and
$199,775,000 of 5% bonds due Jan. 1, 2030.
The Bank of New York Mellon is co-trustee for the bonds.
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