Working With City of Troy, Rensselaer Successfully Refunds Bonds
Rensselaer Polytechnic Institute, in conjunction with the City of Troy Capital Resource Corporation (CRC) as conduit issuer, successfully priced $261,165,000 2020A Series tax-exempt bonds on November 20, 2019. Proceeds will be utilized to refund the Institute’s $311,630,000 2010A Series tax-exempt bonds. The transaction is expected to close on June 3, 2020.