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American Dream Meadowlands Developer To Begin Selling $1 Billion In Bonds

American Dream Meadowlands in East Rutherford.
American Dream Meadowlands in East Rutherford. Photo Credit: Wikimedia Commons

EAST RUTHERFORD, N.J. -- The owners of American Dream Meadowlands will begin selling $1 billion in government bonds to help finance the shopping and entertainment center in East Rutherford, according to NorthJersey.com.

$350 million in tax-free bonds will be issued by The New Jersey Sports and Exposition Authority followed by another shot of $675 million in municipal bonds issued by East Rutherford, NorthJersey.com reported.

The bonds have yet to go on sale, though that is expected to happen in the first quarter of the year, NorthJersey.com said.

Click here to read the NorthJersey.com article .

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