News2021-10-27T10:17:26-04:00

NEWS

$18,561,600 of Notes issued by the Township of Weehawken

The Township of Weehawken successfully issued $18,561,600 of Notes, consisting of a $9,314,500 Bond Anticipation Note, a $402,000 Tax Appeal Refunding Note, and a $8,845,100 Special Emergency Note (Federally Taxable), dated December 27, 2022 to Amboy Bank.  The Notes bear interest at the rate of 4.10% per annum (computed on the basis of a 360-day year) payable at maturity on December 27, 2023. JP Capizzi served as Bond Counsel to the Township in this financing.

December 27, 2022|

$4,225,018 of Bonds issued by the North Hudson Sewerage Authority

The North Hudson Sewerage Authority successfully issued $4,225,018 of Bonds, consisting of a $1,010,000 I-Bank Bond (Clean Water, Projects 01 and 31) and a $3,215,018 Fund Bond (Clean Water, Projects 01 and 31), dated December 22, 2022 to the New Jersey Infrastructure Bank and the State of New Jersey. JP Capizzi served as Bond Counsel to the Authority in this financing.

December 22, 2022|

$4,225,018 of Bonds issued by the North Hudson Sewerage Authority

The North Hudson Sewerage Authority successfully issued $1,915,041 of Bonds, consisting of a $915,000 I-Bank Bond (Clean Water, Projects 34, 36 and 38) and a $1,000,041 Fund Bond (Clean Water, Projects 34, 36 and 38), dated December 22, 2022 to the New Jersey Infrastructure Bank and the State of New Jersey. JP Capizzi served as Bond Counsel to the Authority in this financing.

December 22, 2022|

$8,500,000 Note Issued by the Borough of Tenafly

The Borough of Tenafly successfully issued a $8,500,000 Bond Anticipation Note, Series 2022 dated November 29, 2022 to Piper Sandler & Co.  The Note bears interest at the rate of 4.50% per annum (computed on the basis of a 360-day year) payable at maturity on May 26, 2023; and has a net interest cost of 3.77%.  JP Capizzi served as Bond Counsel to the Borough in this financing.

November 29, 2022|

$3,452,000 of Notes issued by the Township of Weehawken

The Township of Weehawken successfully issued $3,452,000 of Notes, consisting of a $952,000 Bond Anticipation Note and a $2,500,000 Bond Anticipation Note (Federally Taxable), dated November 8, 2022 to Amboy Bank.  The Notes bear interest at the rate of 4.35% per annum (computed on the basis of a 360-day year) payable at maturity on November 8, 2023.  JP Capizzi served as Bond Counsel to the Township in this financing.

November 8, 2022|

$3,093,000 Note issued by the Borough of Keyport

The Borough of Keyport successfully issued a $3,093,000 Bond Anticipation Note, Series 2022 dated October 18, 2022 to Amboy Bank.  The Note bears interest at the rate of 3.92% per annum (computed on the basis of a 360-day year) payable at maturity on October 18, 2023.  JP Capizzi served as Bond Counsel to the Borough in this financing.  

October 18, 2022|

$15,390,000 Note issued by the Township of Logan

The Township of Logan successfully issued a $15,390,000 Bond Anticipation Note, Series 2022 dated October 18, 2022 to Jefferies LLC.  Moody’s Investors Service, Inc. assigned the Note a credit rating of “MIG 1”.  The Note bears interest at the rate of 4.50% per annum (computed on the basis of a 360-day year) payable at maturity on October 18, 2023; and has a net interest cost of 3.6360%.  JP Capizzi served as Bond Counsel to the Township in this financing.

October 18, 2022|