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Florida Retiree Mega-Complex’s Muni Bond Deal Sees Strong Demand

Source: Bloomberg

Credit & Bond MarketsHousing & Real Estate

Investors bought almost $180 million in high-yield bonds this week to finance expansion of The Villages, a 57,000-acre retirement community in Florida. The bond sale indicates investor demand for financing the project, but the article provides no pricing, yield, or oversubscription details.

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