Currently, the Broncos are paying an interest rate in the high sevens, and hope to drop it in the sixes.

By dropping the rate by about a percentage point, the Broncos stand to save an extra $30 million.

The Broncos expect to hire a bond insurer, Ambac Assurance, to help them gain a premium, triple-A rating for a lower interest rate.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.