TITLE

Myrtle Beach, S.C., Sells $48M To Buy Up Troubled Hotel Debt

AUTHOR(S)
DeSue, Tedra
PUB. DATE
May 2004
SOURCE
Bond Buyer;5/19/2004, Vol. 347 Issue 31887, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the revenue bond deal of Myrtle Beach, South Carolina that will allow it to buy up debt in danger of default that was sold in 2001 to build a convention center hotel. Value of the revenue bond deal; True interest cost of the Series 2004A bonds; Remarks from Elizabeth James, spokeswoman for MBIA Insurance Corp., regarding the matter.
ACCESSION #
13162455

 

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