Paper-Starved N.J. Awaits $711M of Grant-Backed Transit COPs

Albano, Christine
October 2000
Bond Buyer;10/02/2000, Vol. 334 Issue 30987, p9
Trade Publication
Reports on New Jersey Transit Corp.'s issuance of certificates of participation as part of its third authorization of federal grant-backed debt. Structure and pricing; Lead underwriter Merrill Lynch & Co.'s offering of a retail order period to allow as many local investors to purchase the debt as possible; Number of bus and train riders serviced daily by New Jersey Transit.


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