Hamden, CT completes oversubscribed debt sale but must follow through with balanced budgets

This story was initially published at Debtwire.com

The Town of Hamden, Connecticut successfully completed an oversubscribed USD 30.4m bond sale yesterday (21 July), an important milestone in the town’s efforts to achieve financial stability – assuming officials maintain their commitment to that effort, said Barry Bernabe, managing director at Phoenix Advisors, the town’s financial advisor. 

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