TITLE

No Slowing in Charlotte

AUTHOR(S)
Desue, Tedra
PUB. DATE
December 2004
SOURCE
Bond Buyer;12/9/2004, Vol. 350 Issue 32026, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Triple-A rated Charlotte, North Carolina, will competitively offer $48 million of general obligation refunding bonds Tuesday as the city wraps up an active year in the debt market and gears up for more borrowing for a new mass transit system. City Treasurer H. Lee Madden said that if savings were to drop below 4%, the deal will be scrapped. He noted that next week's offering will advance refund a 1995 GO refunding issue. DEC Associates Inc. is the deal's financial adviser and Parker, Poe, Adams & Bernstein is bond counsel.
ACCESSION #
15317125

 

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