Great Lakes Water Authority Investor Relations
Great Lakes Water Authority Investor Relations
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GREAT LAKES WATER AUTHORITY EXECUTES MONEY-SAVING $413 MILLION BOND SALERefunding achieves $85 million in savings
September 18, 2018
DETROIT – The Great Lakes Water Authority (GLWA) has gone to market this week, pricing a $413 million bond sale, which includes $331.5 million for refunding of outstanding GLWA debt and approximately $81.6 million par amount in new bonds, generating $91 million in funds for Detroit local sewer system improvements.
