GWA will begin marketing $500M bond

by Ken Quintanilla

Guam - The Guam Waterworks Authority will begin marketing its half a billion dollar bond starting at four o'clock tomorrow morning. "There are some members of GEDA, GWA and our underwriters that will be conducting the first sale presentations I'll participate by phone tomorrow but we will by doing sales presentations Thursday and Friday in the mainland and Monday and Tuesday in the mainland," said Simon Sanchez, chairman of the Consolidated Commission on Utilities.

Sanchez says they intend to go to market next week Thursday Guam time and has high hopes that they will be sold that same day.