R.I. Infrastructure Bank refinancing returns $6.4M

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THE RHODE ISLAND Infrastructure Bank saved $6.4 million under a refinancing of Clean Water and Safe Drinking Water Revolving Fund bonds.
PROVIDENCE – The Rhode Island Infrastructure Bank recently announced it has saved $6.4 million under a refinancing of bonds for municipal and quasi-public organization water projects, according to a news release. The savings through the Clean Water and Safe Drinking Water Revolving Fund bonds will be returned to the borrowers who received initial financing through…

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