Delaware issue $250 million in bond debt to fund schools, museums, Port of Wilmington
February 20, 2018
Delaware selling $250 million in bonds to help fund schools, museums and the port of Wilmington. Finance Secretary Rick Geisenberger says the state issued the second bond sale in 4 months. Part of the money raised will head downstate to fund capital projects in Laurel and Cesar Rodney school districts. Geisenberger says the AAA bonds were well received and attracted bond funds, insurance companies, and bank portfolios, among other investors.