TITLE

'Smart Refinancing' Showcases Battery Park City Credit Strengths

AUTHOR(S)
McDonald, Michael
PUB. DATE
January 2005
SOURCE
Bond Buyer;Deal of The Year Awards, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the development of Battery Park City in New York City that was refinanced by the billion dollar bond sale, which helped ease the city's budget. Reason of the state's Hugh L. Carey Battery Park City Authority in structuring the billion dollar offering; Sale of the fixed-rate bonds which had a final maturity of 2026; Remark of Governor George Pataki on the prudent use of the authority's resources to benefit the city.
ACCESSION #
15749982

 

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