$13,294,000 Note issued by the Borough of Tenafly

05/24/23: The Borough of Tenafly successfully issued a $13,294,000 Bond Anticipation Note, Series 2023 dated May 24, 2023 to Jefferies LLC.  The Note bears interest at the rate of 4.25% per annum (computed on the basis of a 360-day year) payable at maturity on May 24, 2024; and has a net interest cost of 3.53%. JP Capizzi served as Bond Counsel to the Borough in this financing.