TITLE

McPier sale awaits more bond authority from Illinois

AUTHOR(S)
Shields, Yvette
PUB. DATE
May 1999
SOURCE
Bond Buyer;05/19/99, Vol. 328 Issue 30644, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Features the pending legislative approval of a bond deal involving Illinois' Metropolitan Pier and Exposition Authority. Legislative approval needed to sell an additional bonds in a combined new-money and refunding deal; Aim to free up funds to cover an operating deficit; Expansion projects.
ACCESSION #
1900398

 

Related Articles

  • Illinois Pier Authority Chooses to Strip Rather Than Float With New Issue. McEntee, Christopher // Bond Buyer;09/14/98, Vol. 325 Issue 30477, p29 

    Reports that the Illinois Metropolitan Pier and Exposition Authority has released its third series of stripped municipal bonds. Reason for the preference for stripped bonds over inverse floaters; Issuance of noncallable serial bonds due in year 2009; Valuation at a premium over face value;...

  • Illinois Gov. Quinn Oks Panel to Help Revamp Manaqement of MetPier. Shields, Yvette // Bond Buyer;2/22/2010, Vol. 371 Issue 33269, p3 

    The article reports on the move of Illinois Governor Pat Quinn to help revamp the management of the Metropolitan Pier (MetPier) and Exposition Authority by signing a legislation that approves a seven-member interim panel for MetPier.

  • Chicago's MetPier Draws on State Sales Tax for Debt-Service Payments. Shields, Yvette // Bond Buyer;8/20/2009, Vol. 369 Issue 33170, p5 

    The article reports on the decision of the Metropolitan Pier and Exposition Authority to draw on state sales tax for debt-service payments in Chicago, Illinois. A decline in Chicago tourism taxes motivated the Authority to draw sales tax revenues on 2.3 billion U.S. dollars of convention center...

  • MetPier Seeking Ideas. Shields, Yvette // Bond Buyer;11/9/2005, Vol. 354 Issue 32856, p29 

    Reports on the search of the Metropolitan Pier & Exposition Authority for financing ideas should it decide to expand the hotel attached to its downtown McCormick Place Convention Center in Illinois. Value of the bonds sold by the authority in 1996 to finance the hotel; Struggle to work with...

  • Chicago Seeks OK For $350M. Shields, Yvette // Bond Buyer;7/20/2007, Vol. 361 Issue 32672, p1 

    The article reports that the Illinois Metropolitan Pier and Exposition Authority wants state authority to issue $350 million of new money to finance a hotel expansion and to restructure a portion of its existing $2.1 million debt portfolio. The agency wants to lessen the risk that Illinois sales...

  • MetPier Taps Team for First Stage of Restructuring $2.1 B Debt Portfolio.  // Bond Buyer;8/25/2010, Vol. 373 Issue 33372, p8 

    The article reports on the selection of Goldman, Sachs & Co. and Morgan Stanley and Co. Inc. as the joint book-running senior managers for the first financing of the Metropolitan Pier and Exposition Authority (MPEA) of Illinois. It mentions that the financing is part of the agencys...

  • Illinois' MetPier Eyes New Legislation. Shields, Yvette // Bond Buyer;3/12/2008, Vol. 363 Issue 32834, p1 

    The article reports on the warning of the Illinois Metropolitan Pier and Exposition Authority (MPEA) to state lawmakers that it will tap a state sale-tax backup to cover debt service, as tourism taxes are expected to fall short in 2008. A legislation was introduced that allows MPEA to...

  • Illinois MPEA Plots First Post-Downgrade Financing. Shields, Yvette // Bond Buyer;8/27/2015, Vol. 1 Issue 34368, p1 

    The Illinois Metropolitan Pier and Exposition Authority plans to enter the market after revamping its hotel financing plan following rating downgrades triggered by the state's budget impasse.ü

  • MetPier Picks Restructuring Team. Shields, Yvette // Bond Buyer;8/25/2010, Vol. 373 Issue 33372, p1 

    The article reports on the selection of Goldman, Sachs & Co. and Morgan Stanley and Co. Inc. as the joint book-running senior managers for the first financing of the Metropolitan Pier and Exposition Authority (MPEA) of Illinois. The author mentions that the deal, which could be issued in October...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics