N.J. Issuers Caught in the Shadow of $2.8B TTFA Deal

Cataldo, Adam L.
May 2006
Bond Buyer;5/23/2006, Vol. 356 Issue 32387, p3
Trade Publication
The article focuses on the impact of Transportation Trust Fund Authority (TTFA) bond transaction on the market deals of bond issuers in New Jersey. The TTFA will sell about 2.78 million dollars of tax-exempt transaction system bonds and about 109.4 million dollars of federally taxable bonds. The proceeds of the transaction will be used to refinance and restructure nearly 2.8 billion of debt with proceeds to finance capital transportation projects across the state.


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