County seeks to refinance $ 357 million in bonds – Hawaii Tribune-Herald (subscription)

County seeks to refinance $ 357 million in bonds – Hawaii Tribune-Herald (subscription)

Hawaii County plans to take advantage of low interest rates and its excellent bond rating to refinance up to $ 357 million in bonds.

The county council is due to vote on the plan, Bill 191, at its Wednesday meeting.

One of the bond rating agencies, Standard & Poors, raised the county’s credit rating in December, a move that typically lowers the interest rate on loans. County finance manager…

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