TITLE

Saving School pensions

AUTHOR(S)
Shields, Yvette
PUB. DATE
August 2003
SOURCE
Bond Buyer;8/27/2003, Vol. 345 Issue 31707, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that officials at the city comptroller's office in Milwaukee, Wisconsin, the Milwaukee Redevelopment Authority and Milwaukee Public Schools, put together a deal of up to 170 million dollars in taxable general obligation and revenue bonds for possible sale in November, 2003 to clear out the public school district's un-funded pension liability. Selection of Lehman Brothers as the primary managers of the issue; Other agencies selected by the city comptroller's office to co-manage the issue; Legislation passed to facilitate the bond issue; Reason cited for the use of bonded debt.
ACCESSION #
10708194

 

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