12/19/24: The Township of Weehawken successfully issued $17,021,700 of Notes, Series 2024 consisting of a $10,744,500 Bond Anticipation Note, Series 2024A and a $6,277,200 Special Emergency Note (Federally Taxable), Series 2024B dated December 19, 2024. BNY Mellon Capital Markets, LLC purchased the Series 2024A Note and Piper Sandler & Co. purchased the Series 2024B Note. The Series 2024A Note bears interest at the rate of 5.00% per annum (computed on the basis of a 360-day year) payable at maturity on August 15, 2025. The Series 2024B Note bears interest at the rate of 5.75% per annum (computed on the basis of a 360-day year) payable at maturity on August 15, 2025. JP Capizzi served as Bond Counsel to the Township in this financing.
