- Muni investors invited to visit American Dream this week
- Bond prices have soared since unrated, $1.1 billion bond sale
Wall Street has over $1.1 billion riding on the success of New Jersey’s American Dream mega mall, the massive consumer utopia outside New York City that’s been in the works for nearly two decades.
So on Thursday, bondholders will get a sneak peek at the retail and entertainment hub to see what their investments helped create.
Bondholders have been invited to visit the complex in East Rutherford, New Jersey, ahead of its much-anticipated opening next month, according to a regulatory filing. Among the firms sending someone is Nuveen, one of the biggest holders of debt issued in 2017 to complete the American Dream.
Bloomberg Markets
By Amanda Albright
September 11, 2019, 7:22 AM PDT Updated on September 11, 2019, 8:31 AM PDT