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Bay-Area Utility Readies $1B of First-Half Debt.

Authors :
Ward, Andrew
Source :
Investment Dealers' Digest; 1/22/2010, Vol. 76 Issue 3, p11-11, 2/3p
Publication Year :
2010

Abstract

The article reports on the plan of East Bay Municipal Utility District to issue 1 billion dollars of debt in the bond market in California in 2010. The district reveals to begin the issuance with 200 million dollars of fixed-rate, tax-exempt water revenue bonds. The move has been undertaken to respond the impact of financial crisis and to capitalize the presence of low interest rates and subsidies.

Details

Language :
English
ISSN :
00210080
Volume :
76
Issue :
3
Database :
Complementary Index
Journal :
Investment Dealers' Digest
Publication Type :
Periodical
Accession number :
47813224