Issues Closed in 2004
October 2004
Ramapo College of New Jersey
Issue:
2004 series E
Amount:
$53,980,000
Closing:
October 28, 2004
Final Maturity:
July 1, 2034
True Cost of Interest
4.63%
July 2004
Princeton University
Issue:
2004 Series D
Amount:
$175,000,000
Closing:
July 29, 2004
Final Maturity:
July 1, 2029
True Cost of Interest
4.49%
Rowan University
Issue:
Series 2004 C
Amount:
$61,275,000
Closing:
July 15, 2004
Final Maturity:
July 1, 2034
True Cost of Interest
4.70%
Fairleigh Dickinson University
Issue:
2004 series C
Amount:
$35,285,000
Closing:
July 14, 2004
Final Maturity:
July 1,2023
True Cost of Interest
5.53%
Stevens Institute of Technology
Issue:
2004 Series B
Amount:
$13,265,000
Closing:
July 1, 2004
Final Maturity:
July 1, 2034
True Cost of Interest
5.55%
June 2004
Rider University
Issue:
2004 Series A
Amount:
$14,735,000
Closing:
June 17, 2004
Final Maturity:
July 1, 2034
True Cost of Interest
5.30%
April 2004
Higher Education
Capital Improvement Fund
Issue:
Series 2004 A
Amount:
$76,725,000
Closing:
April 14, 2004
Final Maturity:
September 1, 2024
True Cost of Interest
4.31%
New Jersey Institute of Technology
Issue:
Series 2004 B
Amount:
$73,530,000
Closing:
April 5, 2004
Final Maturity:
July 1, 2025
True Cost of Interest
4.016%
NPV Savings
$9,078,610
Savings Percentage
11.59%
January 2004
Ramapo College of New Jersey
Issue:
Series 2003 H
Amount:
$18,930,000
Closing:
January 29, 2004
Final Maturity:
July 1, 2029
True Cost of Interest
4.346%
NPV Savings
$554,426
Savings Percentage
3.295%
William Paterson University
Issue:
Series 2004 A
Amount:
$30,035,000
Closing:
January 22, 2004
Final Maturity:
July 1, 2028
True Cost of Interest
4.13%
Montclair State University
Issue:
Series 2003 L
Amount:
$94,540,000
Closing:
January 15, 2004
Final Maturity:
July 1, 2034
True Cost of Interest
4.541%
Bonds Issued in 2003
Bonds
Issued in 2005
Bonds
Issued in 2006
