Posted by Sutherland Coop Law
on Nov 27, 2013 in Financing
, Patronage Capital
| Comments Off on Missouri Coop Refinances RUS Debt
Co-Mo Electric Cooperative recently refinanced $38.7 million in debt held by the Rural Utilities Service (RUS). CoBank and the National Rural Utilities Cooperative Finance Cooperation issued new debt for the refinancing transaction. The cooperative cited better interest rates and the desire for flexibility outside of government-based borrowing as reasons for the decision to...