LSCS accelerates $404M debt payoff by 2031
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LSCS accelerates $404M debt payoff by 2031Lone Star College System (LSCS) approved a plan to retire $404M in bond debt by 2030-31, nearly a decade early. By refinancing existing debt, not issuing new bonds, LSCS expects $65.5M in savings. This fiscally responsible move leverages its high credit rating, requiring no new taxes.
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