NEWS
$9,388,300 of Notes issued by the Township of Weehawken
The Township of Weehawken successfully issued $9,388,300 of Notes, Series 2025, consisting of a $4,395,000 Bond Anticipation Note, Series 2025A and a $4,993,300 Special Emergency Note (Federally Taxable), Series 2025B, dated August 14, 2025. TD Securities (USA) LLC purchased the Series 2025A Note and Piper Sandler & Co. purchased the Series 2025B Note. The Series 2025A Note bears interest at the rate of 4.00% per annum (computed on the basis of a 360-day year) payable at maturity on August 14, 2026. The Series 2025B Note bears interest at the rate of 5.00% per annum (computed on the basis of a
$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
$500,000 Note issued by the Borough of Atlantic Highlands
The Borough of Atlantic Highlands successfully issued a $500,000 Bond Anticipation Note dated June 26, 2025 to Amboy Bank. The Note bears interest at the rate of 4.05% per annum (computed on the basis of a 360-day year) payable at maturity on March 13, 2026. JP Capizzi served as Bond Counsel to the Borough in this financing.
$7,733,000 of Notes issued by the Township of Weehawken
The Township of Weehawken successfully issued $7,733,000 of Notes, consisting of a $6,728,000 Bond Anticipation Note and a $1,005,000 Bond Anticipation Note (Federally Taxable), dated June 17, 2025 to Amboy Bank. The Notes bear interest at the rate of 4.05% per annum (computed on the basis of a 360-day year) payable at maturity; $6,728,000 Bond Anticipation Note matures on March 12, 2026, and the $1,005,000 Bond Anticipation Note (Federally Taxable) matures on July 3, 2025. JP Capizzi served as Bond Counsel to the Township in this financing.
$1,569,597 of Bonds issued by the Long Branch Sewerage Authority
05/15/25: The Long Branch Sewerage Authority successfully issued $1,569,597 of Bonds, consisting of a $1,067,594 I-Bank Bond (Clean Water, Project 8) and a $502,003 Fund Bond (Clean Water, Project 8), dated May 15, 2025 to the New Jersey Infrastructure Bank and the State of New Jersey. JP Capizzi served as Bond Counsel to the Authority in this financing.
$4,345,817 of Bonds issued by the Long Branch Sewerage Authority
The Long Branch Sewerage Authority successfully issued $4,345,817 of Bonds, consisting of a $1,554,758 I-Bank Bond (Clean Water, Project 9) and a $2,791,059 Fund Bond (Clean Water, Project 9), dated May 15, 2025 to the New Jersey Infrastructure Bank and the State of New Jersey. JP Capizzi served as Bond Counsel to the Authority in this financing.
$2,560,000 Note issued by the Borough of Atlantic Highlands
The Borough of Atlantic Highlands successfully issued a $2,560,000 Bond Anticipation Note dated March 13, 2025 to the Monmouth County Improvement Authority. The Note bears interest at the rate of 4.00% per annum (computed on the basis of a 360-day year) payable at maturity on March 13, 2026. JP Capizzi served as Bond Counsel to the Borough in this financing.