JOURNAL ARTICLE

Northeastern to Sell Bonds to Replace Iconic Boston Hockey Arena.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Albright, Amanda; Rembert, Elizabeth 3 of 3

Abstract

Northeastern University plans to sell municipal bonds to replace its historic Matthews Arena, where teams like the Boston Bruins and Boston Celtics once played. The university aims to construct a new multi-purpose complex to host athletic and academic events, with seating for 4,050 for hockey and 5,300 for basketball. The aging arena, in use since 1910, will be replaced with funds from a $650 million bond sale, pending approval from Massachusetts Governor Maura Healey. Additionally, Wellesley College seeks to borrow $165 million for campus projects and debt refinancing. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/03, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2025
  • Accession Number:183695145
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