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NY helps LIPA restructure debt at lower cost

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AP

The Long Island Power Authority says it has finished restructuring more $2 billion dollars worth of debt.   LIPA says the borrowing could save rate payers some $130 million over 27 years.  

Charles is senior reporter focusing on special projects. He has won numerous awards including an IRE award, three SPJ Public Service Awards, and a National Murrow. He was also a finalist for the Livingston Award for Young Journalists and Third Coast Director’s Choice Award.
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