Turnpike financing climbs to 232.5 million from Pike Notes
Connecticut turns to short term notes and bonds to fund the 12 mile Turnpike project. Total borrowing reaches 232.5 million with 10.7 million in new notes sold to three banks. Bond sales of about 285 million already completed. long term debt projected around 800 million with toll income and state funds as possible guarantees.
MENTIONED IN THIS ARTICLE
Hartford
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John Ottaviano
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