Pure cycle corporation announces receipt of $23.6 million from second sky ranch community authority board bond offering

Denver, co / accesswire / august 24, 2022 / pure cycle corporation (nasdaq:pcyo) (pure cycle) today reported the sky ranch community authority board (sky ranch cab) successfully closed its second municipal bond financing totaling $29.7 million, which netted the sky ranch cab $23.6 million after fees, capitalized interest, and expenses. after the closing, the sky ranch cab repaid pure cycle $23.6 million in public improvement reimbursables and associated interest.
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