$6,060,000 of Bonds issued by the Township of Weehawken

The Township of Weehawken successfully issued $6,060,000 General Obligation Bonds, Series 2021A consisting of $5,383,000 General Obligation Bonds, Series 2021A-1 and $677,000 Taxable General Obligation Bonds, Series 2021A-2 dated February 8, 2021. Roosevelt & Cross, Inc. purchased the Series 2021A-1; Huntington Securities, Inc. purchased the Series 2021A-2 Bonds. S&P Global Ratings assigned the Bonds an insured credit rating of “AA” (stable outlook) based upon a municipal bond insurance policy issued by Build America Mutual Assurance Company; Moody’s Investors Service, Inc. assigned the Bonds an underlying credit rating of “Baa2” (stable outlook). The Series 2021A-1 Bonds have a true interest cost of 1.9200% and finally mature on February 1, 2040; the Series 2021A-2 Bonds have a true interest cost of 1.8002% and finally mature on February 1, 2026. JP Capizzi served as Bond Counsel to the Township in this financing.