News2026-03-24T17:02:02-04:00

NEWS

$22,069,000 Note issued by the Township of Logan

The Township of Logan successfully issued a $22,069,000 Bond Anticipation Note, Series 2026 dated October 1, 2026 to TD Financial Products LLC.  Moody’s Investors Service, Inc. assigned a credit rating of “MIG 1” to the Note.  The Note bears interest at the rate of 5.000% per annum (computed on the basis of a 360-day year) payable at maturity on October 1, 2027; and has a net interest cost of 3.1480%.  JP Capizzi served as Bond Counsel to the Township in this financing.

October 1, 2026|

$23,005,000 Note issued by the Township of Morris

The Township of Morris successfully issued a $23,005,000 Bond Anticipation Note, Series 2026 dated September 23, 2026 to TD Financial Products LLC.  Moody’s Investors Service, Inc. assigned a credit rating of “MIG 1” to the Note.  The Note bears interest at the rate of 4.500% per annum (computed on the basis of a 360-day year) payable at maturity on September 23, 2027; and has a net interest cost of 2.8240%.  JP Capizzi served as Bond Counsel to the Township in this financing.

September 23, 2026|

$8,104,400 of Notes issued by the Township of Weehawken

The Township of Weehawken successfully issued $8,104,400 of Notes, Series 2026, consisting of a $4,395,000 Bond Anticipation Note, Series 2026A and a $3,709,400 Special Emergency Note (Federally Taxable), Series 2026B, dated August 13, 2026.  TD Financial Products LLC purchased the Notes.  The Series 2026A Note bears interest at the rate of 3.75% per annum (computed on the basis of a 360-day year) payable at maturity on August 13, 2027.  The Series 2026B Note bears interest at the rate of 5.25% per annum (computed on the basis of a 360-day year) payable at maturity on August 13, 2027.  JP Capizzi served

August 13, 2026|

$10,000,000 Note issued by the Township of Weehawken

The Township of Weehawken successfully issued a $10,000,000 Tax Anticipation Note of 2026-2027 (Federally Taxable) dated July 29, 2026 to Amboy Bank.  The Note bears interest at the rate of 4.20% per annum (computed on the basis of a 360-day year) payable at maturity on June 1, 2027.  JP Capizzi served as Bond Counsel to the Township in this financing.

July 29, 2026|

$43,640,000 of Certificates issued by The North Hudson Sewerage Authority

The North Hudson Sewerage Authority successfully issued $43,640,000 Gross Revenue Senior Lien Lease Certificates, Series 2026 authenticated July 27, 2026.  Barclays Capital Inc. purchased the Certificates.  S&P Global Ratings assigned the Certificates an insured credit rating of “AA” based upon a municipal bond insurance policy issued by Assured Guaranty Inc relating to the Certificates maturing on June 1 of the years 2030 through 2042; and an underlying credit rating of “A+”.  The Certificates have a true interest cost of 3.6403% and finally mature on June 1, 2042.  JP Capizzi served as Special Counsel and as General Counsel to the Authority

July 27, 2026|