$31,339,000 of Bonds issued by the Township of Weehawken

The Township of Weehawken successfully issued $27,329,000 General Obligation Bonds, Series 2025 A, consisting of $20,781,000 General Improvement Bonds, Series 2025 A-1 and $6,548,000 Tax Appeal Refunding Bonds, Series 2025 A-2, and $4,010,000 Federally Taxable General Obligation Bonds, Series 2025 B, dated July 1, 2025.

Roosevelt & Cross, Inc. purchased the Series 2025 A Bonds; SWBC Investment Services, LLC purchased the Series 2025 B Bonds.  S&P Global Ratings assigned the Bonds an insured credit rating of “AA” 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 “Baa3”.

The Series 2025 A Bonds have a true interest cost of 4.3704% and finally mature on July 1, 2041; the Series 2025 B Bonds have a true interest cost of 5.5972% and finally mature on July 1, 2039.  JP Capizzi served as Bond Counsel to the Township in this financing.