Takeaways by Bloomberg AI
- Colonial Williamsburg is selling $330 million of taxable bonds through a local agency.
- The bonds have been assigned an A+ rating by S&P Global Ratings, which says the foundation is poised to sustain growing attendance and fundraising progress.
- The foundation will use roughly $310 million of the debt for refinancing purposes and $20 million for capital improvements, including restoring existing Colonial-era structures and gardens.
Colonial Williamsburg, which describes itself as the world’s largest living history museum, is coming to the municipal-bond market for its first public bond sale.
The Colonial Williamsburg Foundation, a nonprofit, maintains a 301-acre historical campus where visitors experience what life was like during the American Revolution. The foundation is selling $330 million of taxable bonds through a local agency on Tuesday.
Bloomberg Markets
By Aashna Shah
October 21, 2025