Mets Postseason Run Raises Fortunes of Citi Field Bondholders
- Attendance at Mets games could rise to 3.1 million in 2016
- Mets sold $700 million of muni bonds to finance Citi Field
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The New York Mets swept their way into the franchise’s first World Series in 15 years, and Citi Field bondholders are cheering along with the team’s fans.
Riding on this season’s playoff run, the team projects total 2016 attendance will rise by 500,000 to 3.1 million, generating an additional $25 million in revenue, according to a person familiar with the estimate. That’s on top of a 20 percent attendance increase this year.