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American Dream Meadowlands bonds interest rate set as revival looms

NorthJersey.com Construction workers have returned to American Dream Meadowlands. (Photo: Anne-Marie Caruso/NorthJersey.com) In another key step before revival of the American Dream Meadowlands project is assured, the interest rate for investors on more than $1 billion in bonds was set on Wednesday. That sets the stage for formal bond purchase agreements to be signed on Thursday or Friday. …

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American Dream bonds price after delays

BondBuyer.com American Dream bonds priced after a week-long delay Wednesday morning, paving the way for completion of a New Jersey megamall 15 years after the project was conceived. The $1.1 billion tax-exempt revenue bond transaction to finance the final construction phases of the retail/entertainment complex next to MetLife Stadium in East Rutherford, N.J. originally was …

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