JeffCo Has a Great Day at the Market Refinancing Its Sewer Debt
Jefferson County has completed its refinance of $2.24 billion in sewer revenue warrants for a gross savings of $1.17 billion, which reduces the county’s payments on the overall sewer debt. Additionally, the refunding was accomplished without extending the maturity of the sewer debt. The refinance includes a provision for a customer assistance program and stabilizes rate increases. Read more.