BRADENTON, Fla. – Atlanta closed on a water and wastewater refinancing that will save the city nearly $43 million over the life of the bonds, said Siebert Cisneros Shank & Co., the book-runner for the deal.

The $226.2 million refunding was finalized Thursday. It will result in net present value savings of $27.5 million or 11.43% over the 25 years of refunded par amount.

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