The Borough of Tenafly successfully issued a $8,910,000 Bond Anticipation Note, Series 2020 dated May 28, 2020 to TD Securities (USA) LLC. The Note bears interest at the rate of 1.25% per annum (computed on the basis of a 360-day year) payable at maturity on May 28, 2021. JP Capizzi served as Bond Counsel to the Borough in this financing.