Wealthy New York Suburb to Raise $189 Million Through Bonds

Reported 4 days ago

Westchester County plans to issue approximately $189 million in general obligation bonds, rated AAA by Fitch Ratings. The funds, expected to be raised in February, will support various capital improvements as part of a $2.5 billion budget approved for 2025. The area is witnessing economic growth due to developments in biotech, healthcare, and retail, alongside significant construction projects, including luxury housing and a new production studio.

Source: YAHOO

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