$14,506,000 of Bonds issued by the Township of Weehawken

The Township of Weehawken successfully issued $14,506,000 General Obligation Bonds, Series 2022 A consisting of $5,240,000 General Obligation Bonds, Series 2022 A-1 and $9,266,000 Federally Taxable General Obligation Bonds, Series 2022 A-2 dated January 26, 2022. Roosevelt & Cross, Inc. purchased the Series 2022 A-1; Robert W. Baird & Co. purchased the Series 2022 A-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 2022 A-1 Bonds have a true interest cost of 1.9595% and finally mature on January 15, 2031; the Series 2022 A-2 Bonds have a true interest cost of 2.5921% and finally mature on January 15, 2031. JP Capizzi served as Bond Counsel to the Township in this financing.