Posted inThought Leader, Transit

MARTA SAVES MILLIONS DURING BOND REFUNDING

 The Metropolitan Atlanta Rapid Transit Authority (MARTA) Board of Directors approved a resolution to refund $56.8 million of its series 2012A bonds, saving the Authority $6.5 million in net present value of future interest costs. MARTA’s average interest savings is $588,000 per year. MARTA moved quickly on this partial refunding to take advantage of favorable […]

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