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City of Philadelphia Prices $565 Million of Water & Wastewater Revenue Bonds

Summary by Ground News
The City of Philadelphia issued approximately $565 million of Water and Wastewater Revenue and Revenue Refunding Bonds on Tuesday, September 19. A portion of the proceeds of the issuance were also used to refund prior bonds for savings in excess of $3 million. The City was able to take advantage of strong demand to lock in a total borrowing cost of just over 4.50 percent.
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MyChesCo broke the news in on Tuesday, October 3, 2023.
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