A big and rare borrowing

McEntee, Christopher
February 1999
Bond Buyer;02/18/99, Vol. 327 Issue 30581, p1
Trade Publication
Reports that Jefferson County, Alabama, will begin the second leg of a massive sewer upgrade program in March 1999, when it sells bonds that include a large serving of rare, 40-year maturities. Creation of a unique borrowing plan to smooth rate increases; State law allowing the extension of maturities; Unusual features of the issues. INSET: Key facts.


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