TITLE

High Yields at Ground Zero

AUTHOR(S)
O'Brien, Elizabeth
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/23/2005, Vol. 351 Issue 32096, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the offering by Underwriter Banc of America Securities of multiple investor World Trade Center site visits and yields on roughly $475 million of tax-exempt debt. Aim of the offering at helping finance the first office building to rise at the World Trade Center site since the Sept. 11, 2001, terrorist attacks; Pricing by the Banc of America of the enhanced, unrated deal; Report that Silverstein is asking $50 per square foot for the space in 7 World Trade Center, compared with the going rate of about $70 per square foot in Midtown Manhattan.
ACCESSION #
16520160

 

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