Maryland Sanitary Agency to Issue $35 Million First Piece of Bans

Newman, Emily
June 2003
Bond Buyer;6/23/2003, Vol. 344 Issue 31662, p33
Trade Publication
It has been reported that Maryland's Washington Suburban Sanitary Commission will establish a $ 465 million tax-exempt general obligation multi-modal bond anticipation note program and will issue the first $ 35 million of the program's debt, which will be used to finance the design, extension or enlargement of water and sewer systems of the Washington Suburban Sanitary District. The total $ 465 million includes $ 215 million of Series 2003A and $ 250 million of Series 2003B notes, which were rated AAA/F1-plus by Fitch Ratings Inc. last week.


Related Articles

  • Houston's $1.4 Billion Variable-Rate Sale Closes $3.1 Billion Water-Sewer Deal. Alabanese, Elizabeth // Bond Buyer;6/11/2004, Vol. 348 Issue 31903, p40 

    Reports that Houston closed its multi-billion water and sewer debt restructuring when it sold about $1.4 billion of variable-rate bonds, including tax-exempt and taxable debt and a swap in Texas. Sale of $1.7 billion of fixed-rate bonds; Use of the taxable bonds to restructure debt that is not...

  • Nassau Set to Deal. Whalen, Robert // Bond Buyer;3/28/2005, Vol. 351 Issue 32098, p35 

    Reports on the deals offered by Nassau County, New York. Plan of the county to sell tax-exempt debt through its Sewer and Storm Water Finance Authority; Management of the sale by Merrill Lynch and Co.; Plan of a potential refunding through the Nassau County Interim Finance Authority.

  • BATA Back at It With $800M Deal. JENSEN, RANDALL // Bond Buyer;10/25/2010, Vol. 374 Issue 33404, p1 

    The article reports on the selling of 800 million dollar worth of taxable and tax-exempt debt in San Francisco, California by the Bay Area Toll Authority. It notes that the selling of the debt helps fund massive modernization projects that include replacement of the eastern span of the San...

  • Mets, Yankees Catch Hot Market, Mostly Beat Insured Curve. Posner, Matthew // Bond Buyer;8/18/2006, Vol. 357 Issue 32448, p7 

    The article reports that New York's Major League Baseball teams Mets and Yankees were able to price nearly $1.5 billion of combined debt largely ahead of the insured triple-A yield curve. The teams tapped the tax-exempt market to help finance new ballparks in Queens and the Bronx. The insured...

  • N.Y.C. IDA Approves $63M for Two Nonprofits, Including DASNY Refinancing. Phillips, Ted // Bond Buyer;4/12/2007, Vol. 360 Issue 32606, p6 

    The article reports on the approval of the New York City Industrial Development Agency regarding the sale of up to $62.8 million of tax-exempt bonds for two nonprofit plans in New York City. The said sale will include the refinancing of debt which has been issued by the Dormitory Authority of...

  • Volume Drops 21% In January. Meyers, Maxwell // Bond Buyer;2/1/2006, Vol. 355 Issue 32310, p1 

    The article reports on the decline of municipal bond issuance by 21 percent year-over-year in January 2006 in the United States. Tax-exempt bond borrowers sold 4.7 billion dollar less debt than they did in January 2005. According to statistics released by Thomson Financial, it was the biggest...

  • The Impact of Relative Security Supplies: A Test with Data from a Regional Tax-Exempt Bond Market. Hendershott, Patric H.; Kidwell, David S. // Journal of Money, Credit & Banking (Ohio State University Press);Aug78, Vol. 10 Issue 3, p337 

    The article reports on whether changes in relative security studies have an impact on relative interest rates. The impact that changes in the long term federal debt have on the relationship between the yields on newly issued U.S. government and corporate debt are assumed to be minimal. However,...

  • Scarcity Value Gives BABs a Boost. Ramage, James // Bond Buyer;6/8/2011, Vol. 376 Issue 33529, p1 

    The article reports on the growth of the Build America Bond (BAB) program. It mentions that the scarcity value has played a big role on the value appreciation and outperformance of the program and has kept the demands for BABs high. It also notes that the expiration of the program has raised...

  • Houston's Big Sequel. Albanese, Elizabeth // Bond Buyer;6/1/2004, Vol. 348 Issue 31895, p1 

    Reports on the offer of Houston of water and sewer debt restructuring deal in Texas. Incorporation of taxable and tax-exempt debt, auction-rate and fixed-rate debt and a competitive swap offering; Schedule for the pricing of Series 2004B and Series 2004C combined utility system revenue refunding...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics