Wilentz Shareholder and public finance attorney, Tony Solimine served as bond counsel to The Board of Education of the Borough of Tenafly in the County of Bergen, New Jersey in connection with the issuance of $13,515,000 Refunding School Bonds, Series 2022, dated April 19, 2022. As a result of this transaction, the Board will realize $1,299,932.92 in budgetary savings over the remaining life of the bonds.
This transaction resulted in 7.88% net present value savings.
Original source can be found here.