Aqua America raises $50M in sales of notes

Aqua America Inc. said it raised $50 million from the sale of senior notes at an annual interest rate of 4.72 percent over 10 years.

Some of the money will be used to refinance a $20 million note with an interest rate of 9.12 percent that matures next month, the Bryn Mawr-based water utility said.    - Harold Brubaker