Westport News: Bond $ale
#WESTPORT, Conn. – First Selectman Jim Marpe announced positive results from Tuesday’s $34.4 million bond sale, which yielded competitive interest rates on the strength of solid reviews from Moody’s Investors Service, one of the three major Wall Street Rating Agency firms. “It is great to see these results and the fact that our bonds were in such a high demand,” said Mr. Marpe. “We are very pleased with these results as they keep our debt service costs, and the burden on the taxpayers, as low as possible.” He continued, “I would like to thank Westport’s Director of Finance, Gary Conrad and his staff for assembling the volumes of information required to prepare for this offer at the same time that…
