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Ige in New York to secure bond ratings

Gov. David Ige is in New York today in an effort to secure favorable bond ratings, which will allow the state to borrow funds at low interest rates.

The governor’s office said Ige is pursuing funding for new capital improvement projects. The state is also looking at refinancing opportunities of existing bonds, which could save the state between $25 to $30 million.

Ige and state Director of Finance Wesley Machida will meet with representatives of Fitch Ratings, Moody’s Investor Service and Standard and Poor’s Rating Services today.

On Friday, Ige is scheduled to travel to Washington, D.C. to participate in the Winter Meeting of the National Governors Association.

The governor will also meet with Department of Interior Secretary Sally Jewel regarding the International Union for Conservation of Nature’s World Conservation Congress, which Hawaii will be hosting in September; Administrator of the Environmental Protection Agency Gina McCarthy; Director Abigail Hopper, Bureau of Ocean Energy Management, Department of the Interior regarding offshore renewable energy opportunities in Hawaii; and Secretary Julian Castro of the Department of Housing and Urban Development and Deputy Secretary Nani Coloretti regarding homelessness and public housing

Accompanying the governor are his wife Dawn Amano-Ige and staff members Elizabeth Kim and Ryan Tsuji.

The cost of the trip is estimated at $16,000.

6 responses to “Ige in New York to secure bond ratings”

  1. mikethenovice says:

    Wiliki should be commenting about how Hawaii will have no future without lottery.

  2. mikethenovice says:

    Give me some good news, Governor Ige. I’m looking for some $250,000. in Hawaii municipal bond paper.

  3. mikethenovice says:

    To solve Honolulu’s gridlock, students in Hawaii should be going to class at midnight. After all, when they graduate school, they will be moving to New York. The city that never sleeps.

  4. FARKWARD says:

    I love waking up and pouring my morning coffee, toasting my bagel, turning on The Weather Channel–with no sound, listening to tunes on KTUH radio, and reading “THE FUNNIES” AKA NEWS ABOUT IGE. “THE BOYZ” at “FITCH” and “MOODY’S” (I’M CERTAIN) will also have a good laugh too, as the fleece “Sweet Potato Man” for all they can… Maybe Ige will be treated to a big “Porterhouse” at Peter Luger’s, before they throw him off the bridge…

    • FARKWARD says:

      “The cost of the trip is estimated at $16,000.” That won’t cover the meal “TIPS”, what about The Concierge? And, SURELY–you can’t expect June to bee seen in NYC or DC in a Hawaii-Moo-Moo… So, off to the BOUTIQUES for some ACCESSORIES! Paid for by ???

  5. Jiujitsu_Fighter says:

    Who’s paying for his airfare, hotel and meals?

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