The New Jersey Turnpike Authority the week of April 20 will sell $650 million of long-term revenue debt, including $250 million of taxable Build America Bonds, the first new-money sale for the authority since 2005 and the largest sale to date of the new class of securities.

Morgan Stanley will kick off a one-day retail order period on April 20 followed by institutional pricing the next day. Eleven other underwriters will fill out the banking syndicate. Wilentz, Goldman & Spitzer PA is bond counsel and NW Financial Group is financial adviser.

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