N.J. Economic Development Authority Approves $2.7B of Contract Bonds

D'Ambrosio, Jill
July 2004
Bond Buyer;7/14/2004, Vol. 349 Issue 31925, p5
Trade Publication
Reports on the New Jersey Economic Development Authority's (EDA) approval of the sale of state contract bonds to help balance the state's fiscal 2005 budget. Comments of State Treasurer John McCormac on terms under the deal; Plans of the state to secure the bonds with revenue from increases in the cigarette tax and motor vehicle fines; Citigroup Global Markets Inc.'s senior management of the cigarette tax securitization.


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