Into the Pool!

DeSue, Tedra
February 2006
Bond Buyer;2/2/2006, Vol. 355 Issue 32311, p27
Trade Publication
The article reports on the achievement of lower borrowing costs to help fund smaller municipalities through an innovative pooled financing program in Alabama. Sterne, Agee & Leach Inc. and Thornton Farish Inc. underwrote an 18 million dollars offering under the program where bankers anticipate the interest and demand could cause issuances as high as 100 million dollars next year.


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