New Jersey

The Internal Revenue Service has suggested that some of the revenue bonds issued in 1993 by the New Jersey Health Care Facilities Financing Authority for Deborah Heart and Lung Center may not be tax-exempt because of a "total return swap," and has asked NJHCFFA for more information.

The Port Authority of New York and New Jersey is scheduled to sell $595 million of consolidated bonds in two series on Wednesday. Proceeds will finance capital expenditures for the authority's tunnels, bridges, and PATH train.

Moody’s Investors Service placed the Aa2 long-term bond ratings of Rutgers, the State University of New Jersey, under review for possible downgrade.

In the week's largest deal, the New Jersey Transportation Trust Fund will sell $1.2 billion of bonds to finance various transportation projects in the state.

Hurricane Sandy raised awareness about the need to better fortify the New York City region. What is not clear is the best way to do that, or to pay for it.

Moody’s Investors Service upgraded the rating on Barnabas Health, N.J., to Baa1 from Baa2, and revised the outlook to stable from positive.

Voter approval of $750 million in New Jersey general obligation bonds to fund university facilities on Nov. 6 is a credit positive for universities, Moody’s Investors Service said.

Hurricane Sandy's financial impact on New Jersey is not likely to affect demand as the state comes to market Thursday with $2.6 billion of notes.

Law firm Ballard Spahr LLP hired Holly Horsley as an associate in its New Jersey office.

Moody's Investors Service issued an action plan for public finance issuers affected by Hurricane Sandy.

New Jersey Gov. Chris Christie announced the reopening of Atlantic City casinos and lifted the mandatory evacuation order for the city's residents.

After postponing a $2.6 billion tax and revenue anticipation notes deal due to Hurricane Sandy, New Jersey has decided to sell the notes in a negotiated deal instead of competitively.

Hurricane Sandy left major challenges for many municipal bond firms after the Financial District of Manhattan was hammered hard by the storm.

New Jersey postponed a $2.6 billion tax and revenue anticipation note sale Friday as other potential bond issuers in the Northeast monitored Hurricane Sandy’s advance up the coast.

Four officials of the Port Authority of New York and New Jersey received subpoenas on Thursday, seeking information related to last year's toll hikes.

Standard & Poor's revised the outlook to stable from negative and affirmed the A-minus rating on Atlantic City, N.J.'s general obligation debt.

Standard & Poor's revised its outlook to negative from stable on South Brunswick Township, N.J.'s general obligation bonds and affirmed its AA rating.

The Port Authority of New York and New Jersey authorized a $31.5 million rehabilitation of a taxiway at Newark Liberty International Airport.

New Jersey Gov. Chris Christie said local governments will save $116 million for fiscal year 2013 due to the state's pension reforms.

New Jersey's revenue collections for September are up by 3.9% from the same period last year, and revenue for the quarter is up 1.9%, according to recent data from the treasury department.