Missouri Refunding $125M of Lease-Backed COPs

Shields, Yvette
March 2005
Bond Buyer;3/16/2005, Vol. 351 Issue 32091, p30
Trade Publication
Reports that Missouri will competitively sell certificates of participation (COP) in a refunding that will strengthen the lease structure behind the debt. Pre-qualification of the transaction for triple-A insurance; Security of the COP by lease payments subject to an annual appropriation of the legislature; Aim of the state to capture interest rate savings.


Related Articles

  • Colorado. Sanders, Lisa // Bond Buyer;07/15/97, Vol. 321 Issue 30187, p34 

    Reports on the rating assigned by Moody's Investors Service to the $40.1 million certificates of participation (COP) of the city and county of Denver, Colorado. Rating of the city and county's general obligation debt; Scheduled sale of the lease purchase COPs on July 29, 1997.

  • Fulton County, Ga., opens way for $136 million of COPs. Whalen, Robert // Bond Buyer;02/19/99, Vol. 327 Issue 30582, p4 

    Reports on the approval of the sale of $136 million worth of certificates of participation by commissioners in Fulton County, Georgia. Allocations in the capital plan; Dismissal of the Board of Tax Assessors and the county manager after the discovery that the 1999 budget would incur an $85...

  • Rise in Interest Rates Has Charlotte Anxious to Issue. DeSue, Tedra // Bond Buyer;8/07/2003, Vol. 345 Issue 31694, p26 

    Reports that rising interest rates could prompt Charlotte, North Carolina to sell multi-million dollars worth of fixed-rate certificates of participation on August 7, 2003. Reasons for changing the date of finalizing the deal; Significance of the deal for the city; Provisions of the deal.

  • RHODE ISLAND: State Plans $51M of COPs. Stark, Jonna // Bond Buyer;11/26/2007, Vol. 362 Issue 32760, p9 

    The article reports on the intention of Rhode Island to sell approximately $1.5 billion of outstanding general obligation bonds on December 29, 2007 to refinance $51 million of certificates of participation. According to Peter Kerwin, spokesman for Treasurer Frank Caprio, the bond issuance is in...

  • Baltimore County Planning to Sell $46.5 Million of COPs. Newman, Emily // Bond Buyer;5/5/2004, Vol. 348 Issue 31877, p7 

    Reports on the preparation by Baltimore County, Maryland of a sale of multimillion dollars in certificates of participation (COP). Intended use of the proceeds from the sale of the COP; Concurrence of the bond sale plans with some welcome budget relief for the county; Account of the...

  • Charlotte's 1st Installment. DeSue, Tedra // Bond Buyer;5/22/2003, Vol. 344 Issue 31641, p1 

    The city of Charlotte, North Carolina, has planned to sell 41 million dollar of tax-exempt certificates of participation, in an attempt to buy a land for a new 265 million dollar basketball arena. A formal contract was adopted in January between the city and a new National Basketball Association...

  • Southeast Bond-Watch. Sigo, Shelly; DeSue, Tedra; Vadum, Matthew // Bond Buyer;8/16/2001, Vol. 337 Issue 31204, p29 

    Reports developments regarding public finance in the United States as of August 16, 2001. Details on the decisions of Winston-Salem officials to sell certificates of appreciation; Accounts on the sale of state Housing Development Agency bonds; Announcement on the approval of federal disaster...

  • Florida School Districts Offer $200 Million of Insured COPs. Whalen, Robert // Bond Buyer;04/15/99, Vol. 328 Issue 30620, p36 

    Focuses on two Florida-based school districts' plan to issue certificates of participation (COP) to fund school needs. Advantages of COP over bonds; Orange County School Board's construction of three elementary schools and one middle school; School Board of Osceola County's plan to build an...

  • Jackson County Lawsuit Again Raises Question of COPs in Georgia. DeSue, Tedra // Bond Buyer;7/29/2003, Vol. 345 Issue 31687, p3 

    Reports that a lawsuit filed by a taxpayer in Jackson County, Georgia over the county's proposed sale of $25 million of certificates of participation (COP) to build a courthouse, has raised question over COPs in Georgia. Charges over municipalities regarding use of debt instruments; Response...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics