NEWS
$2,532,995.69 Note issued by the Township of Weehawken
The Township of Weehawken successfully issued a $2,532,995.69 Emergency Note dated June 12, 2026 to Amboy Bank. The Note bears interest at the rate of 3.65% per annum (computed on the basis of a 360-day year) payable at maturity on June 11, 2027. JP Capizzi served as Bond Counsel to the Township in this financing.
$200,140,000 of Bonds issued by the Middlesex County Improvement Authority
The Middlesex County Improvement Authority successfully issued $200,140,000 County of Middlesex Guaranteed Lease Revenue and Revenue Bonds (New Jersey Health + Life Science Exchange - H-3 Project) consisting of $75,205,000 County of Middlesex Guaranteed Lease Revenue Bonds, Series 2026A, $86,635,000 County of Middlesex Guaranteed Revenue Bonds, Series 2026B, and $38,300,000 County of Middlesex Guaranteed Revenue Bonds, Series 2026C (Federally Taxable), authenticated May 15, 2026. JP Capizzi served as Trustee’s Counsel to Amboy Bank in this financing.
$110,735,000 of Bonds issued by the Middlesex County Improvement Authority
The Middlesex County Improvement Authority successfully issued $110,735,000 County of Middlesex Guaranteed Residential Revenue Bonds (New Jersey Health + Life Science Exchange - H-3 Project) consisting of $98,735,000 County of Middlesex Guaranteed Residential Revenue Bonds, Series 2026 D, and $12,000,000 County of Middlesex Guaranteed Residential Revenue Bonds, Series 2026 E (Federally Taxable), authenticated May 15, 2026. JP Capizzi served as Trustee’s Counsel to Amboy Bank in this financing.
$69,830,000 of Bonds issued by the Middlesex County Improvement Authority
The Middlesex County Improvement Authority successfully issued $69,830,000 Rutgers University General Obligation Lease Revenue Bonds (New Jersey Health + Life Science Exchange - H-3 Project), Series 2026 consisting of $32,430,000 Rutgers University General Obligation Lease Revenue Bonds 2026 Series A, and $37,400,000 Rutgers University General Obligation Lease Revenue Bonds 2026 Series B (Federally Taxable), authenticated May 15, 2026. JP Capizzi served as Trustee’s Counsel to Amboy Bank in this financing.
$70,185,000 of Bonds issued by the Middlesex County Improvement Authority
The Middlesex County Improvement Authority successfully issued $70,185,000 Multifamily Housing Revenue Bonds (New Jersey Health + Life Science Exchange - H-3 Project) consisting of $38,020,000 Series 2026 Class IA, $5,000,000 Series 2026 Class IB, $7,165,000 Series 2026 Class IC, and $20,000,000 Series 2026 Class II, authenticated May 15, 2026. JP Capizzi served as Trustee’s Counsel to Amboy Bank in this financing.
$6,275,000 Note issued by the Mercer County Improvement Authority
The Mercer County Improvement Authority successfully issued a $6,275,000 Bond Anticipation Note authenticated May 14, 2026. NW Capital Markets Inc. purchased the Note. Moody’s Ratings assigned the Note a credit rating of “MIG 1”. 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 May 12, 2027. JP Capizzi served as Underwriter’s Counsel in this financing.
$13,451,000 Note issued by the Borough of Keyport
The Borough of Keyport successfully issued a $13,451,000 Bond Anticipation Note dated March 12, 2026 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 12, 2027. JP Capizzi served as Bond Counsel to the Borough in this financing.