New Jersey Postpones $2.6 Billion Note Sale as Storm Approaches
New Jersey has indefinetely postponed an Oct. 30 sale of $2.6 billion of short-term debt, its largest ever, as Hurricane Sandy threatens to make landfall in the area that day, said a spokesman for the state’s treasurer.
There are no current plans for when to reschedule the offer, said Andrew Pratt, a spokesman for Treasurer Andrew Sidamon-Eristoff.
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