Press release from Gainesville Regional Utilities
GAINESVILLE, Fla. – GRU’s 2026 bond issuance experienced strong demand during its Aug. 19 pricing, as the investment community submitted orders for more than six times the face value of bonds issued to support utility-wide improvements and to refinance existing debt.
The 2026 bond issuance is the first bond offering the GRU Authority has taken to market since being formed in 2023 and the first supported by both the Gainesville City Commission and the GRU Authority…