Thriving Clayton, Mo., ready to refund 'comeback' bonds

Ward, Andrew
May 1999
Bond Buyer;05/05/99, Vol. 328 Issue 30634, p27
Trade Publication
Discloses the plans of the city of Clayton, Missouri to refund $8 million of bonds it sold in the early 1990s. Rebound of the local real estate market after corporate defections and defense industry cutbacks in the early 1990s; Moody's Investors Service's upgrade of the city's rating; Minimal unemployment rate; Strong and conservative fiscal management; Maintenance of fund balances.


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