Recently, KACo has closed bond issues serving 11 of its members helping them borrow more than $21.6 million for terms of up to 20 years. The best news is that every one of these county borrowers realized interest rates below 2 percent.
These low rates are currently possible due to the combination of low market rates enhanced by KACo’s unique bond pool in which KACo supplied reserves lower than the rates our participants receive.
If you have capital or refinancing needs, now is the time to investigate this rare opportunity to borrow at rates we have never seen before.
For more information, reach out to Grant Satterly, KACo’s Director of Financial Services, at grant.satterly@kaco.org or call 800-264-KACo (5226).
