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New Jersey to redeem 2005 C, D transportation system revenue bonds
By Tali Rackner
Norfolk, Va., May 8 – The New Jersey Transportation Trust Fund Authority plans to redeem its 2005 series C and D transportation system revenue bonds, according to two notices.
The following 2005 series C bonds will be redeemed at par plus accrued interest on June 15:
• $39,505,000 of bonds due June 15, 2016;
• $41.58 million of bonds due June 15, 2017;
• $43,765,000 of bonds due June 15, 2018;
• $46.06 million of bonds due June 15, 2019; and
• $51,025,000 of bonds due June 15, 2021.
The following 2005 series D bonds will also be redeemed at par plus accrued interest on June 15:
• $11 million of 4% bonds due June 15, 2016;
• $96.25 million of 5% bonds due June 15, 2016;
• $3,255,000 of 4% bonds due June 15, 2016;
• $295,000 of 4% bonds due June 15, 2017;
• $2,705,000 of 4% bonds due June 15, 2017;
• $90.17 million of 5% bonds due June 15, 2017;
• $19.13 million of 5% bonds due June 15, 2017;
• $118 million of 5% bonds due June 15, 2018; and
• $124 million of 5% bonds due June 15, 2019.
Commerce Bank, NA is the escrow agent.
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