The town has refinanced bonds first issued in 2007 and 2008, reducing future interest payments by about $1.45 million. Moody's Investors Services has also re-affirmed the top Aaa rating for the town's bonds, and given Fairfield's finances a "stable" outlook for $29.2 million of general obligation bonds and $188.5 million in outstanding long-term general obligation debt, according to a release from First Selectman Michael Tetreau 's office.
via Fairfield Newswire http://m.fairfieldcitizenonline.com/news/article/Tetreau-Bond-refinancing-saves-Aaa-rated-6172547.php
via Fairfield Newswire http://m.fairfieldcitizenonline.com/news/article/Tetreau-Bond-refinancing-saves-Aaa-rated-6172547.php
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