TITLE

Puerto Rico prices $228 million tax-lien securitization deal, the largest ever

AUTHOR(S)
Resnick, Amy B.
PUB. DATE
March 1999
SOURCE
Bond Buyer;03/02/99, Vol. 327 Issue 30589, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discloses that Puerto Rico has completed its largest ever municipal tax-lien securitization. PaineWebber Inc.'s lead underwriting of the deal backed by delinquent property taxes; Provisions under the deal; Sale of the bonds in two series and to investors in the United States; Moody's Investors Service analysts' assessment of the deal.
ACCESSION #
1619713

 

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