MassDevelopment Approval Expected for $22M Sale to Fund New Boston Museum
- Asian art museum debt deal. Lufkin, Martha // Art Newspaper;Feb2011, Issue 221, p11
The article focuses on an agreement to restructure the 120 million dollar bond debt of the Asian Art Museum Foundation in San Francisco, California.
- Indianapolis Museum Restructuring Debt Portfolio. Devitt, Caitlin // Bond Buyer;4/22/2013, Vol. 384 Issue 33898, p1
The article reflects on the restructuring of the debt portfolio by the Indianapolis Museum of Art located in Indianapolis, Indiana as of April 2013. It mentions that the museum is issuing 37 million dollars of refunding bonds as part of a restructuring of its debt portfolio and overhauling of...
- Minnesota Budget Passage Clears Deck for $400M Refunding. Shields, Yvette // Bond Buyer;6/2/2003, Vol. 344 Issue 31647, p3
This article reports that fresh from the passage of a $47 billion two-year budget that includes $750 million of new borrowing, Minnesota can now move forward with plans to competitively sell on June 17, 2003, nearly $400 million of general obligation bonds to refund now-callable 1993 debt....
- Return of the GOs: Alaska Takes Rare, $462 Million Trip. Finestone, Deborah // Bond Buyer;4/4/2003, Vol. 344 Issue 31608, p30
Alaska is bringing GO bonds to market, in a 462 million dollars deal set to price on April 9, 2003.Series A consists of 359.13 million dollars in general purpose bonds to finance education facilities, museums, and transportation projects spread around the state. Series B is made up of 102.8...
- Use of interest rate swaps to cut financing costs on the rise among issuers. Goldsmith, Steve // Bond Buyer;05/22/98, Vol. 324 Issue 30399, p37
Focuses on the growing popularity among bond issuers of turning to interest-rate swaps as a tool to cut debt service costs. Total swap volume in the United States for the first quarter of 1998; Comment by Michael W. Kelly, managing director with Ambac Assurance Corp.; Benefits of such swaps.
- N.J. Turnpike Agency to Restructure Debt, OKs Swap for Up to $900M. Braun, Martin Z. // Bond Buyer;5/7/2003, Vol. 344 Issue 31630, p1
According to a financial analysis, the New Jersey Turnpike Authority must restructure its debt, delaying debt service costs in order to avoid the need for toll hikes to generate cash to replenish drawn down reserves. As part of its 1.8 billion dollar plan to restructure debt and raise funds to...
- $450M Detroit Hockey Arena Bonds Clear Final Hurdle. Devitt, Caitlin // Bondbuyer.com;9/17/2014, p30
The article reports that the issuance of 450 million dollars of 30-year bonds on behalf of the Downtown Development Authority to finance the construction of hockey stadium in Detroit, Michigan has been approved by the Michigan Strategic Fund. The bonds feature a mix of tax-exempt and taxable...
- Low Rates, Investor Appetite Boost Mortgage Bonds. Sinnock, Bonnie // National Mortgage News;3/11/2002, Vol. 26 Issue 24, p2
Reports on the increase of mortgage bonds in the U.S. Effect of low interest rates on mortgage industry; Rate of mortgage-related securities growth; Statistics on long-term and short-term agency debt.
- Europe: Euro electrifies Asian borrowers. Chien Mi Wong // FinanceAsia;Dec2014, p13
The article discusses the increasing appeal of euro-denominated debt in Asia spurred by the low interest rates environment of Europe. Topics covered include the record-breaking amount of euro-denominated bonds raised by Asia ex-Japan borrowers, how a weakening euro strengthens the case for...