The Yankees may have found their sweet spot, at least when it comes to interest rates. The Bronx Bombers are asking the New York City Industrial Development Agency to issue $900 million worth of tax-exempt bonds so the team can refinance bonds it used to build its 1.3 million-square-foot stadium. The IDA will take up the application at its December meeting. Representatives for the Yankees and the IDA could not be immediately reached for comment.
source https://therealdeal.com/2019/11/27/yankees-seek-900m-refi-for-stadium/
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