Waco school district refinances existing bonds to save nearly $ 16 million – KWTX

Waco school district refinances existing bonds to save nearly $ 16 million – KWTX

WACO, Texas (KWTX) – The Waco ISD has refinanced $ 106,740,000 of outstanding bonds, which it says will save taxpayers over $ 15.84 million over the remaining life of the bonds by 2038. The move reduced the initial 4.28% interest rate on the bonds to about 1.655%, said district financial adviser Robert Traylor of RBC […]
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