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. 

This story was initially published at Debtwire.com.

Officials from college cities and towns nationwide still don’t know the full impact the new coronavirus (COVID-19) will have on their communities, but say that they are anxious about colleges and universities transitioning coursework online and potential results for their bottom line.