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

NEWS

$3,005,000 Note issued by the Township of Weehawken

07/03/24: The Township of Weehawken successfully issued a $3,005,000 Bond Anticipation Note (Federally Taxable) dated July 3, 2024 to Amboy Bank. The Note bears interest at the rate of 5.00% per annum (computed on the basis of a 360-day year) payable at maturity on July 3, 2025. JP Capizzi served as Bond Counsel to the Township in this financing.

July 3, 2024|

$602,100 Note issued by the Borough of Atlantic Highlands

06/27/24: The Borough of Atlantic Highlands successfully issued a $602,100 Bond Anticipation Note dated June 27, 2024 to Amboy Bank. The Note bears interest at the rate of 5.00% per annum (computed on the basis of a 360-day year) payable at maturity on June 27, 2025. JP Capizzi served as Bond Counsel to the Borough in this financing.

June 27, 2024|

$1,206,000 Note issued by the Township of Weehawken

06/18/24: The Township of Weehawken successfully issued a $1,206,000 Bond Anticipation Note (Federally Taxable) dated June 18, 2024 to Amboy Bank. The Note bears interest at the rate of 5.00% per annum (computed on the basis of a 360-day year) payable at maturity on June 18, 2025. JP Capizzi served as Bond Counsel to the Township in this financing.

June 18, 2024|

$5,770,000 of Refunding Bonds issued by The Long Branch Sewerage Authority

05/30/24: The Long Branch Sewerage Authority successfully issued $5,770,000 Sewer Revenue Refunding Bonds, Series 2024 authenticated May 30, 2024. RBC Capital Markets, LLC. purchased the Bonds. Moody’s Investors Service, Inc. assigned the Bonds a credit rating of “Aa2”. The Bonds have a true interest cost of 3.3030% and finally mature on April 1, 2039. JP Capizzi served as Bond Counsel to the Authority in this financing.

May 30, 2024|

$4,476,000 Note issued by the Township of Weehawken

03/26/24: The Township of Weehawken successfully issued a $4,476,000 Bond Anticipation Note dated March 26, 2024 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 March 26, 2025. JP Capizzi served as Bond Counsel to the Township in this financing.

March 26, 2024|