Pure cycle corporation announces receipt of $10.1 million from sky ranch community authority board bond refinancing offering

Denver, co / accesswire / october 30, 2024 / pure cycle corporation (nasdaq capital market:pcyo) is pleased to announce that sky ranch community authority board (sky ranch cab) successfully closed its municipal bond refinancing totaling $21.9 million, which netted the sky ranch cab $10.1 million after repayment of their 2019 bonds, fees, capitalized interest, and expenses. after the closing, the sky ranch cab repaid pure cycle $10.1 million in public improvement reimbursables and associated interest.
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