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Investors snap up $42M in HPU bonds

The funding will be used toward redeveloping Aloha Tower Marketplace

By Alan Yonan Jr.

POSTED: 01:30 a.m. HST, Jul 27, 2013

~~<p>Investor demand was strong for $42 million of special-purpose revenue bonds Hawaii Pacific University sold this week to help finance its redevelopment of Aloha Tower Marketplace, HPU officials said Friday.</p>
<p>HPU's plans for Aloha Tower include adding student housing and other university amenities along with new retailers and restaurants to the 165,000-square-foot retail complex fronting Hono&shy;lulu Harbor. HPU announced last week that among the new retailers will be the Barnes &amp; Noble unit that operates on the college's campuses.</p>
~~

Investor demand was strong for $42 million of special-purpose revenue bonds Hawaii Pacific University sold this week to help finance its redevelopment of Aloha Tower Marketplace, HPU officials said Friday.

HPU's plans for Aloha Tower include adding student housing and other university amenities along with new retailers and restaurants to the 165,000-square-foot retail complex fronting Hono­lulu Harbor. HPU announced last week that among the new retailers will be the Barnes & Noble unit that operates on the college's campuses. Login for more...



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