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Richmond issues bonds for Stone Brewing project, receives lower-than-expected interest rate

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The city of Richmond says it received a lower-than-expected interest rate this week on the $23 million in bonds it issued to finance the construction of Stone Brewing Co.’s new brewery here. The bonds, along with an additional $62.8 million in general obligation bonds for city projects such as school construction, were sold by competitive bid this week, the city said Thursday. Subscription Required An online service is needed to view this article in its entirety. You need an online service to view this article in its entirety. Have an online subscription? Login Now...

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