N.J. Agency Plans Two College Deals Worth $148 Million

Cataldo, Adam L.
December 2004
Bond Buyer;12/22/2004, Vol. 350 Issue 32035, p29
Trade Publication
The article reports that the New Jersey Educational Facilities Authority (NJEFA) plans to issue up to $148 million of revenue bonds in the first quarter of next year. The offer appropriates $125 million for Kean University and $23 million for New Jersey City University. Roger L. Anderson, the NJEFA's executive director said that firm dates for pricing the two deals have not yet been set. The board of the authority approved the deals last week at its final meeting of the year. He further added that the final maturity on both deals is 30 years.


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