TITLE

Philadelphia Schools to Enter New Swap, Exit Swaption

AUTHOR(S)
D'Ambrosio, Jill
PUB. DATE
May 2004
SOURCE
Bond Buyer;5/28/2004, Vol. 348 Issue 31894, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the plans of the Philadelphia School District in Pennsylvania to terminate swaption with financial firms Morgan Stanley and Co. Inc., Goldman, Sachs & Co. and Wachovia Bank and move into a fixed-rate advance refunding. Requirements for terminating the swaption; Insurance of outstanding general obligation bonds; Upcoming deals for the school district.
ACCESSION #
13257466

 

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