Wednesday, May 31, 2017

Meadowlands Mall Builder Sets Year's Top Unrated Muni Sale

Image result for meadowlands American DreamThe Canadian developer building the long-stalled mega-mall in New Jersey’s Meadowlands plans to sell $800 million of tax-exempt municipal bonds next week to help complete the construction of the complex begun more than a decade ago.

Goldman Sachs Group Inc. is managing the deal, the largest sale of unrated municipal bonds this year, for mall owner Triple Five Group, run by the billionaire Ghermezian family.. . . more

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