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Low-interest bonds driving rush of new infrastructure spending

March 31, 2017

A Barclays representative told Bloomberg that “the story for the year” will be “rebuilding infrastructure.” Included in this year’s major bond issues is the new $4 billion LaGuardia Airport terminal, a 1.3 million-square-foot, 35-gate facility that public-private partnership head Skanska USA called itsbiggest project ever.

The country’s infrastructure is in dire need of upgrade and repair, and even presidential candidates Donald Trump and Hillary Clinton have promised significant investment in the nation’s highways, bridges and other publicly funded construction projects.

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