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Issues Closed in 2007


December 2007 Updated: January 23, 2008

The Richard Stockton College of NJ

Issue:

Series 2007 G

Amount: $40,250,000
Closing: December 12, 2007
Final Maturity: July 1, 2037
Interest Rate: 4.56%
Saint Peter's College
Issue:

2007 Series G

Amount: $36,053,465.60
Closing: December 28, 2007
Final Maturity: July 1, 2027
Swap Rate: 4.12%
Saint Peter's College
Issue:

2007 Series I

Amount: $3,848,461.61
Closing: December 28, 2007
Final Maturity: January 1, 2013
Interest Rate:

5.61%

September 2007  
Thomas Edison State College
Issue:

2007 Equipment Lease

Amount: $2,700,000
Closing: September 28, 2007
Final Maturity: September 28, 2022
Interest Rates:  
$1,430,325 @ 5-year:
4.10%
$215,815 @ 7-year:
4.38%
$1,053,860 @ 15-year:
4.57%
Georgian Court University
Issue:

2007 Series H

Amount: $1,050,000
Closing: September 28, 2007
Final Maturity: October 1, 2022
Interest Rate: 5.162%
 
August 2007  
Stevens Institute of Technology
Issue:

2007 Series A

Amount: $71,060,000
Closing: August 2, 2007
Final Maturity: July 1, 2034
True Cost of Interest: 4.98%
   
July 2007  
Georgian Court University
Issue:

2007 Series Project D

Amount: $26,980,000
Closing: July 19, 2007
Final Maturity: July 1, 2037
True Cost of Interest: 5.00%
NPV Savings: $1,034,788.34
Savings Percentage: 7.62%
   
June 2007  
Princeton University
Issue: 2007 Series E
Amount: $325,000,000
Closing: June 19, 2007
Final Maturity: July 1, 2037
True Cost of Interest: 4.52%
Princeton University
Issue:

2007 Series F

Amount: $67,620,000
Closing: June 19, 2007
Final Maturity: July 1, 2030
True Cost of Interest: 4.39%
NPV Savings: $2,361,003.71
Savings Percentage: 3.57%
Rider University
Issue:

2007 Series C

Amount: $22,000,000
Closing: June 21, 2007
Final Maturity: July 1, 2037
True Cost of Interest:

5.17%

April 2007  
Montclair State University
Issue:

Series 2007 A

Amount: $6,150,000
Closing: April 4, 2007
Final Maturity: July 1, 2021
True Cost of Interest: 4.02%
NPV Savings: $303,009.11
Savings Percentage: 4.24%
New Jersey City University
Issue: Series 2007 F
Amount: $17,910,000
Closing: April 4, 2007
Final Maturity: July 1, 2032
True Cost of Interest: 4.34%
NPV Savings: $696,503.17
Savings Percentage: 3.78%
Rowan University
Issue:

Series 2007 B

Amount: $121,355,000
Closing: April 5, 2007
Final Maturity: July 1, 2034
True Cost of Interest:

4.27%

NPV Savings: $4,465,765.06
Savings Percentage: 3.78%
Drew University
Issue:

2007 Series D

Amount: $29,135,000
Closing: April 12, 2007
Final Maturity: July 1, 2037
True Cost of Interest: 4.16%
NPV Savings: $487,112.43
Savings Percentage: 2.45%
Kean University
Issue: Series 2007 D
Amount: $117,795,000
Closing: April 13, 2007
Final Maturity: July 1, 2039
True Cost of Interest: 4.55%
Kean University
Issue:

Series 2007 E

Amount: $156,240,000
Closing: April 13, 2007
Final Maturity: July 1, 2037
Swap Rate:

3.217%

Est. NPV Savings: $14,985,307
Savings Percentage: 9.86%
March 2007  
Centenary College
Issue: 2007 Series B
Amount: $4,784,617
Closing: March 15, 2007
Final Maturity: November 1, 2036
Swap Rate: 5.32%
Institute for Advanced Study
Issue: 2006 Series C
Amount: $20,000,000
Closing: March 15, 2007
Final Maturity: July 1, 2036
Variable Rate: NA
 

Bonds Issued in 2003
Bonds Issued in 2004
Bonds Issued in 2005
Bonds Issued in 2006
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