Mark-Roos with a twist: JPA lets San Diego net big savings

Monsarrat, Sean
February 1999
Bond Buyer;02/26/99, Vol. 327 Issue 30587, p37
Trade Publication
Reports on the San Diego Public Facilities Financing Authority in California's issuance of Marks-Roos refunding bond for land-backed financing. Structure of the deal; Interest rates; Plans of the city to use present value-savings to fuel a senior subordinated structure; Debt-service reserve fund surety of the bonds.


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