As Tumult Settles, Nevada Readies $135 Million GO Sale

Williams, Rochelle
August 2003
Bond Buyer;8/29/2003, Vol. 345 Issue 31709, p56
Trade Publication
Reports that the state of Nevada plans to sell 135 million dollars of limited-tax general obligation bonds in four series on September 3, 2003 including both new-money and refunding debt, in its first offering of the 2004-05 fiscal biennium after a contentious legislative session that saw the state Supreme Court intervene in the struggle to pass a budget. Refunding components of the series offering; Security and objective of the refunding components; Nature of the new-money bonds to be issued; Exemption of the new-money bonds from the state's debt limit; Reasons for the intervention of the Supreme Court in passing the state budget.


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