Thursday 8 January 09 - 01:43
 

News Americas

Re-financing a winner for Tacoma

The Port of Tacoma has saved $5.3m by re-financing long-term debt at more competitive interest rates. 

Its bid of $111.5m of revenue and general obligation (GO) bond debt at interest rates of 5.25% and 5.02% respectively was won by UBS, which came in at 4.43% for $46.5m in new revenue bonds and 4.32% for $65m in new GO bonds.

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