News2021-01-04T16:19:08-05:00

NEWS

$3,419,000 of Notes issued by the Township of Weehawken

The Township of Weehawken successfully issued $3,419,000 of Notes, consisting of a $2,153,000 Bond Anticipation Note, Series 2021 B-1 and a $1,266,000 Taxable Bond Anticipation Note, Series 2021 B-2 dated April 29, 2021 to the Hudson County Improvement Authority. The Notes bear interest at the rate of 1.50% per annum (computed on the basis of a 360-day year) payable at maturity on April 28, 2022. JP Capizzi served as Bond Counsel to the Township in this financing.

April 29, 2021|

$3,000,000 Note (Township Guaranteed) issued by the Parking Authority of the Township of Weehawken

The Parking Authority of the Township of Weehawken successfully issued a $3,000,000 Parking Project Note (Township Guaranteed), Series 2021 dated April 29, 2021 to the Hudson County Improvement Authority. The Note bears interest at the rate of 1.50% per annum (computed on the basis of a 360-day year) payable at maturity on April 28, 2022. JP Capizzi served as Guarantor’s Bond Counsel to the Township in this financing.

April 29, 2021|

$6,114,000 Note issued by the Borough of Keyport

The Borough of Keyport successfully issued a $6,114,000 Bond Anticipation Note dated April 8, 2021 to TD Securities (USA) LLC. The Note bears interest at the rate of 1.00% per annum (computed on the basis of a 360-day year) payable at maturity on March 8, 2022. JP Capizzi served as Bond Counsel to the Borough in this financing.

April 8, 2021|

$5,532,000 of Notes issued by the Township of Weehawken

The Township of Weehawken successfully issued $5,532,000 of Notes, consisting of a $2,475,000 Bond Anticipation Note and a $3,057,000 Bond Anticipation Note (Federally Taxable), dated April 6, 2021 to Oppenheimer & Co. The Tax Exempt Note bears interest at the rate of 1.25% per annum (computed on the basis of a 360-day year), and the Taxable Note bears interest at the rate of 1.50% per annum (computed on the basis of a 360-day year), payable at maturity on August 17, 2021. JP Capizzi served as Bond Counsel to the Township in this financing.

April 6, 2021|

$2,952,000 Note issued by the Township of Weehawken

The Township of Weehawken successfully issued a $2,952,000 Bond Anticipation Note dated February 11, 2021 to Amboy Bank. The Note bears interest at the rate of 0.56% per annum (computed on the basis of a 360-day year) payable at maturity on February 11, 2022. JP Capizzi served as Bond Counsel to the Township in this financing.

February 11, 2021|

$16,039,000 of Notes issued by the Township of Weehawken

The Township of Weehawken successfully issued $16,039,000 of Notes, consisting of a $6,938,000 Bond Anticipation Note, Series 2021 A-1A, a $1,101,000 Tax Appeal Refunding Note, Series 2021 A-1B, and a $8,000,000 Taxable Bond Anticipation Note, Series 2021 A-2 dated February 9, 2021 to the Hudson County Improvement Authority. The Notes bear interest at the rate of 1.50% per annum (computed on the basis of a 360-day year) payable at maturity on February 8, 2022. JP Capizzi served as Bond Counsel to the Township in this financing.

February 9, 2021|

$1,275,000 Note (Township Guaranteed) issued by the Hudson County Improvement Authority on behalf of the Weehawken S.I.D. Management Corporation

The Hudson County Improvement Authority successfully issued, on behalf of the Weehawken S.I.D. Management Corporation, a $1,275,000 Subordinated Waterfront Improvement Bond Anticipation Note, Series 2021 - Special Improvement District dated February 9, 2021 to Oppenheimer & Co. Inc. The Note bears interest at the rate of 1.50% per annum (computed on the basis of a 360-day year) payable at maturity on February 8, 2022. JP Capizzi served as Guarantor’s Bond Counsel to the Township in this financing.

February 9, 2021|