GWA refunds bonds

NEW YORK CITY — Guam Waterworks Authority refunded more than $100 million of its 2010 Series A Bonds according to a Nov. 15 release. The release says GWA will be able to save over $15 million — more than half a million dollars annually — over the life of the bonds. The resulting cost savings is more than $200,000 above the Public Utilities Commission mandated minimum annual savings of $350,000 required for the refunding effort . . .

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