The University System of Maryland has refinanced $127 million in public bonds, in a deal it says will result in a $13.4 million savings to Maryland taxpayers. The 11-university system refinanced $127 million in Series B Build America Bonds it had issued about 10 years ago. USM closed the refinancing transaction on Oct. 2, after a recent debt auction attracted seven bidders. The winning bid came from Citigroup Capital Markets. As a result of transaction, the taxpayer-funded university system will…
from https://www.bizjournals.com/baltimore/news/2019/10/03/university-system-of-maryland-refinances-127m-in.html?ana=RSS&s=article_search
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