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New Jersey Transportation calls 1998A, 2007A transportation bonds
By Marisa Wong
Madison, Wis., Oct. 25 - The New Jersey Transportation Trust Fund Authority said it will redeem its 1998 series A and 2007 series A transportation system bonds on Nov. 23.
The bonds will be redeemed at par plus accrued interest up to the redemption date.
The authority will redeem $102.83 million of 1998A 4.5% bonds due June 15, 2019 and the following 2007A bonds:
• $5.685 million of 3.625% bonds due Dec. 15, 2010;
• $16.775 million of 3.75% bonds due Dec. 15, 2011;
• $17.42 million of 3.75% bonds due Dec. 15, 2012;
• $98.23 million of 4% bonds due Dec. 15, 2017;
• $11.485 million of 4.5% bonds due Dec. 15, 2022; and
• $109.23 million of 4.25% bonds due Dec. 15, 2022.
TD Bank, NA is the agent.
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