South Jersey Transportation calls $61.63 million of 1999 bonds

By Marisa Wong

Milwaukee, Oct. 1 – The South Jersey Transportation Authority gave notice that it will redeem $61.63 million of its outstanding transportation system revenue bonds, 1999 series, on Nov. 1.

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

The Bank of New York Mellon is the agent.

The following bonds are affected:

• $3.88 million of 5.25% bonds due 2011;

• $4.08 million of 5.25% bonds due 2012;

• $6.57 million of 5.25% bonds due 2013;

• $6.91 million of 5.25% bonds due 2014;

• $7.28 million of 5% bonds due 2015;

• $7.64 million of 5% bonds due 2016;

• $8.02 million of 5% bonds due 2017;

• $8.42 million of 5% bonds due 2018;

• $8.84 million of 5% bonds due 2019.

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