Governor Chris Christie • Lt.Governor Kim Guadagno
NJEFA
NJEFA
NJEFA Home
About NJEFA
Financing Information
Financing/Bond Activity
Financing Calendar
Current Financings
Variable Rate Tracker
Recent Financings
State-Backed Financings
County Colleges Capital Projects Fund
Dormitory Safety Trust Fund (DORM)
Higher Education Capital Improvement Fund (HE CIF)
Higher Education Equipment Leasing Fund (HE ELF)
Higher Education Facilities Trust Fund (HEFT)
Higher Education Technology Infrastructure Fund (HETI)
Public Library
 
Historical Financings
Industry Links
Vendor Relations
Public Information
Contact Us

In 1994, the Authority sold $100 million principal amount of bonds under this program. The funds were used to finance the purchase of equipment to be leased to participating institutions. The bonds sold under the Authority’s initial statutory authorization were fully retired on September 1, 2000. Governor Whitman approved the reauthorization of this $100 million program of which $87,385,000 in par amount of bonds was sold in October of 2001 to make loans to 41 institutions. The remaining authorization of $12,620,000 was issued in May 2003.  As part of the 2013 Higher Education Facilities Grant Programs, the Authority issued $89,340,000 in two series of bonds.


Issue Maturity Interest Rate Principal Outstanding
12/31/2016
2001 A Matured 3.5%-5.0% $87,385,000 $0.00
2003 A Matured 2.0%-5.0% $12,620,000 $0.00
2014 A 6/1/2023 5% $82,235,000 $60,530,000
2014 B 6/1/2028 2.37% $7,105,000 $5,570,000
    Total $182,240,000 $66,100,000

Open Public Records Act Contact Us | Privacy Notice | Legal Statement & Disclaimers | Accessibility Statement  NJ Home Page

Department: NJEFA Home | About NJEFA | Financing Information | Financing/Bond Activity | Industry Links | Vendor Relations | Public Information | Contact Us
Statewide: NJ Home | Services A to Z | Departments/Agencies | FAQs
Copyright © State of New Jersey, 1996-2008
New Jersey Educational Facilities Authority
103 College Road East, 2nd Floor
Princeton, NJ 08540-6612
Phone: 609-987-0880
Fax: 609-987-0850