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Torrington sells $16.325M bond anticipation note; Raymond James wins with 2.2642% net interest cost
Torrington City Council and Water Pollution Control Authority (WPCA) · March 3, 2026
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Summary
City Treasurer Farley reported the city sold a $16,325,000 bond anticipation note on Feb. 24 to Raymond James & Associates with a net interest cost of 2.2642% and a premium of $282,585.75. Final closing is scheduled for March 12.
Torrington’s city treasurer told the council that the city completed a bond anticipation note sale on Feb. 24, receiving five bids and selecting Raymond James & Associates as the winning bidder.
City Treasurer Farley said the…
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